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ABB Grain has increased its presence in New Zealand with the purchase of the ruminant business of stock feed manufacturer PCL Feeds.
The Adelaide-based purchaser would be investing heavily in new sales and marketing strategies, ABB Grain (NZ) general manager Terry O'Connor said yesterday.
The deal for PCL Feeds, a division of Mainland Poultry, came as construction was nearly finished on ABB Grain's purpose-built grain and protein store in New Plymouth, O'Connor said.
Planning was also advanced on a further storage facility at Mount Maunganui and a new feed mill in South Auckland.
