“The liquidation is being carried out as part of the rationalisation of the Carter Holt Harvey group and the directors have resolved that the company will be able to pay its debts,” notices published in the Herald and the New Zealand Gazette said.
Companies Office records showed LQNZ4 (CHHE) is owned by Qeynos New Zealand, incorporated in 1971. The ultimate holding company of Qeynos is Rank Group which Hart owns.
Carter Holt Harvey has been in timber manufacturing for more than 150 years.
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Hart’s business also owns the national trade-focused merchants Carters where it sells its own products and others.
CHH Timber is one of the largest and oldest producers of timber building products in this country, it…
