30 Oct 2012

Business as usual expected at Elders NZ

12:44 pm on 30 October 2012

The head of Elders New Zealand expects it will be business as usual, if and when the parent company in Australia sells its rural services businesses in Australia and New Zealand.

The company which was started in South Australia in 1839, informed the Australian Stock Exchange on Monday that the sale would include Elders Rural Services and its international trading business which includes feedlots and wool.

Managing director Stuart Chapman said he expects the New Zealand side of the company, which employs 300 people in branches all over the country, to be unaffected.