Scales settles Shelby acquisition

Scales Corporation Limited
Head Office: 52 Cashel Street | Christchurch 8013 | New Zealand
Postal: PO Box 1590 | Christchurch 8140 | New Zealand
Phone: +64 3 379 7720
scalescorporation.co.nz



NZX Release


4 January 2019


SCALES CORPORATION SETTLES STAKE IN US PETOOD INGREDIENT MANUFACTURER

Diversified agribusiness Scales Corporation Limited (NZX:SCL) has confirmed settlement, on 20
December 2018, of the acquisition of 60% of Shelby JV LLC (Shelby), a large independent US buyer,
processor, and seller of ingredients for the petfood industry. The acquisition was announced to the
market on 14 December 2018.


Contact
Andy Borland, Managing Director, Scales Corporation Limited, Mob: 021 975 999,
email: andy.borland@scalescorporation.co.nz

About Scales Corporation
Scales Corporation is a diversified agribusiness group. It currently comprises three operating
divisions: Horticulture, Storage & Logistics and Food Ingredients. The company’s diverse spread of
activities gives Scales broad exposure to New Zealand’s agribusiness sector. Scales Corporation
was founded in 1897 as a shipping business by George Herbert Scales. Today it employs more than
700 staff New Zealand wide. Find out more at www.scalescorporation.co.nz.