Quote Originally Posted by bull.... View Post
mentioned quite a while back that scales was looking at getting into petfood and they have now confirmed the move

SCALES CORPORATION ACQUIRES 60% OF US PETFOOD INGREDIENTS MANUFACTURER SHELBY JV LLC FOR US$23.2M

https://www.nzx.com/announcements/328316

take time to see if they can replace the earnings from the cold store division guess thats why the share price has been falling to reflect the loss of that division and no replacement for the earnings yet
A very clever acquisition in a sector they know, and the margins are a great deal higher than coolstores.