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Jun 23, 2021 · Craig Pressler, owner of 2PH farms, said 2PH has a long and successful history, having been started by my parents John and Pam Pressler, uncle Geoffrey Pressler and Darryl Hess some 51 years ago. We have invested a lot of hard work and effort into becoming the successful business we are today, which
Jun 24, 2021 · The acquisition will be funded by a $190 million rights issue and existing debt facilities, with a $200 million initial payment to be made upon settlement and a further $31 million in July 2023 relating to the purchase of a property where a new citrus crop is currently being planted by 2PH. Costa Group CEO, Sean Hallahan said Costa has been ...
Jul 6, 2021 · This relationship has now shifted as Costa Group has entered into an agreement with a group of companies (Pressler entities) to acquire 2PH Farms and its related entities for $200 million. Under the terms of the transaction, CGC will pay an additional $31 million in July 2023 to purchase 2PH Farms’ “Conaghans” property where 2PH is ...
Jun 29, 2021 · Chief operating officer of citrus operation 2PH Farms, Craig Pressler, Emerald, said Costa has an established relationship with 2PH, having successfully marketed 2PH citrus for over 10 years ...
- Ben Harden
Jun 23, 2021 · By Matt Ogg. 23 June 2021. A Central Queensland citrus business that has been family owned for more than half a century is set to change hands with a $200 million acquisition from Costa Group (ASX: CGC), the country's largest integrated fruit and vegetable company. Costa is rattling the tin to shareholders at a 10.3 per cent discount of $3 per ...
Jun 23, 2021 · Photo Adam Armstrong. Just 15 years after a bacterial plague wiped out his entire crop, Central Queensland citrus farmer Craig Pressler is set to receive a $230m windfall after offloading their ...
Jun 23, 2021 · Craig Pressler, owner of 2PH farms, said “2PH has a long and successful history, having been started by my parents John and Pam Pressler, uncle Geoffrey Pressler and Darryl Hess some 51 years ago.
