10 Jun 2010

PGG Wrightson consolidating business units

10:49 pm on 10 June 2010

Listed rural services company PGG Wrightson is consolidating its three business units into two.

Its seeds and nutrition business will remain separate, but form the agri-tech division, and its finance and rural services units will be combined into one entity called agri-services.

PGG says the restructuring will unlock value for investors, result in better service for clients, and improve efficiencies.