Deep Creek Fruits NZ LP – a significant New Zealand cherry development – is undergoing a second capital raise to fund a packhouse and expansion at its Central Otago orchards. SUPPLIED Deep Creek Fruits NZ – a significant New Zealand cherry development – is undergoing a second capital raise to fund a packhouse and expansion at its Central Otago orchards. Expansion plans include purchasing and developing additional land for cherry production at Lindis Peaks and establishing the packhouse and export infrastructure. The entity was formed after they expressed a desire to diversify into cherry production and approached horticultural specialists Ross and Sharon Kirk of Hortinvest Management Limited. SUPPLIED Expansion plans include purchasing and developing additional land for cherry production at Lindis Peaks and establishing the packhouse and export infrastructure.

Source: Stuff June 09, 2021 17:03 UTC