15 Oct 2013

Maori firms circle liquidated Chathams seafood company

7:30 am on 15 October 2013

Several Maori enterprises are said to be interested in a fishing firm that has gone into liquidation in the Chatham Islands.

The business and assets of Chatham Island Seafoods 2009 Ltd are up for sale, with the operation including a factory, two vessels and a fishing quota.

PwC liquidator Jeremy Morley says the business can be broken up, and bids will be accepted for individual items or a range of them.

The quota, which includes blue cod, is the most readily saleable asset because there is an open market for it.

Mr Morley says the processing factory sits on about 1215 hectares of land.

He says that while the assets are in the process of being sold he can't name the Maori organisations that have expressed an interest.