Seeka Kiwifruit Industries Ltd has bought land currently leased by Te Puke kiwifruit tour operator Kiwi360 and intends using it as its new corporate head office.
Seeka has confirmed the purchase of a 7.44 hectare property and a 5.44 hectare kiwifruit orchard adjacent to it, with the purchase to be completed on January 20.
The 7.44 hectare property is currently leased to Green Circle Limited, the Kiwi360 business operator, who will stay on the site until April 20.
The 5.44 hectare orchard is directly across the road from Seeka's Transpack Packhouse on Young Road, Maketu corner, and is next to its Transcool coolstore, and KKP Packhouse.
The company has also reached an unconditional agreement to sell its New World building in Te Puke, across the road from its current head office.
This property will settle in February 2016 and was sold at its 2015 purchase price. The company had originally intended to relocate its head office to the New World building.
Seeka chief executive Michael Franks said he was delighted with the purchase.