29-11-2013 09:27 AM | New Zealand

NZ dairy leader sells farm for $25m to Italians

Dairy leader Willy Leferink and his wife are satisfied the Italian family who bought their Rakaia dairy farm through the Overseas Investment Office process for $25.1 million have the "right intentions".

Leferink and his wife, Jeanet, sold the top 413-hectare property at Dorie to the Barilla family who have interests in the food industry in Italy.
Full Story : Manawatu Standard