Ruralco spends $61m on more water, merchandise stores

Andrew Marshall
Updated February 15 2017 - 1:02pm, first published 12:00pm
Ruralco is investing heavily in more water equipment supply and irrigation planning services as part of its latest $60.8m spend on new businesses in Western Australia, South Australia, Victoria, Tasmania and NSW.
Ruralco is investing heavily in more water equipment supply and irrigation planning services as part of its latest $60.8m spend on new businesses in Western Australia, South Australia, Victoria, Tasmania and NSW.

Ruralco’s shares are in a trading halt after the agribusiness announced it will raise up to $65 million  to pay for about $60.8m in new water businesses and farm services acquisitions.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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