Wednesday, 20 March 2024

Announcement

ASSET: GFF: Goodman Fielder Completes Sale of Champion Milling

22 Feb 2013 14:50NZX
Goodman Fielder announces that it has today completed the sale of its
Champion flour milling business in New Zealand to Nisshin Flour Milling Inc.
and its parent, Nisshin Seifun Group Inc. for $NZ51 million.

Net proceeds of the sale will be used primarily to reduce debt and further
strengthen Goodman Fielder''s balance sheet.

* * * * * * *

For further information contact:
Martin Cole
Director, Corporate Affairs
+61 2 8899 7272
End CA:00233353 For:GFF    Type:ASSET      Time:2013-02-22 14:50:28
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