A very clever acquisition in a sector they know, and the margins are a great deal higher than coolstores.
Printable View
Great acquisition. EBO and Scales both in petfood. Good market
Currently SCL is now in a downtrend, isn't it? (I'm not that great at TA!) With a death cross occurring a few days ago.
Disc: Not a holder but looking for a potential entry point :)
Thank you both bull.... and percy :t_up:
Interesting - this was different to the purchase I'd heard rumoured.
I wonder how much of it is in response to the likes of BHJ becoming more active in their patch in NZ (ie buying Wanganui coldstores). Good opportunity to bolt some lamb/beef/venison on to other species, and use their logistics/sales networks.