Australia’s biggest cherry exporter, Reid Fruits, is up for sale and an overseas buyer is a “possibility”, owner Tim Reid says.
The Tasmanian-based family-owned company makes up about 10 per cent of Australia’s cherry industry and is the country’s leading exporter into Japan, Korea, Thailand and India.
Last year marked the company’s 160th anniversary in Tasmania.
Mr Reid, the company’s 65-year-old managing director, told ABC Radio Hobart the timing to sell “was right”.
“My …
Read the full article at: http://www.abc.net.au/news/2017-07-11/reid-fruits-cherry-company-sale-to-foreign-owner-possible/8696586