Search Jobs

Latest Jobs

See more jobs at jobs.printweek.com

Business

Gunns takes a stake in Forest Enterprises

by Staff Writer

Jul 3, 2009

Gunns has acquired a 17.9 per cent interest in the equity of Forest Enterprises Australia (FEA) Limited at a value of 10 cents per share.

date

Gunns will fund the purchase with the placement of 5.7 million Gunns Limited shares and a cash payment of $1.58 million to the vendors.

"The investment by Gunns recognises the strategic importance to the forest industry of further consolidation," the company said in a statement to the ASX.

Based in Lismore and Launceston, FEA operates hardwood and softwood sawmills at Bell Bay in Tasmania.

Ads by Google

What are your thoughts on this article? Have your say and leave your comments below.

Your opinions are welcome but please stay within our Forum Rules. Offending posts will be removed and your access may be suspended. Abusive or obscene language will not be tolerated.

Poll

Are you going to Ipex 2010?

Yes
No
Undecided

View Previous Polls

Latest Comments

ProPrint Magazine

March 2010

It’s 17,000kms and almost 100 days away, yet Ipex keeps creeping into conversations. It’s certainly on my mind. In February, I went to London for the Ipex Media Summit, where the likes of Canon, ...

What's in this issue?

Sponsored Links

When it comes to colour, every dayis Eizo day
EIZO ColorEdge calibrated monitors - for predictable, accurate colours today, tomorrow and every day. Just one reason Graphics Professionals, Printers, Photographers and Video producers choose Eizo. Click to discover which Eizo is for you.

CM Complete
CM Complete is an efficient new way to conveniently post mail directly from your desktop computer. By simply clicking a button on your computer, mail is transferred electronically to our CM Complete Solution. Your mail is then automatically barcoded, printed, folded, enveloped and lodged into the Australia Post network

Océ ColorWave 600
See the amazing Océ ColorWave 600

Need Ink & Paper? Colour Management? Contact CompNow Today
Australia Wide Consumables Shipping @ Competitive Rates: Epson Pro Graphics Specialists. Apple Premium Reseller / HP Business Partner. CompNow can tailor a solution for your business

Connect with opportunity at Fuji Xerox Australia
Fuji Xerox Australia has the knowledge and capabilities to implement production print solutions that range from proofing through to high volume, variable data output with exceptional quality. Visit our website for more information

Fridge Magnets and a lot more... in the background since 1994
Isn't it time you became a "Clever" customer? Supplier of fridge magnets, car signs, business cards, mailer cards. Manufacturer and Importer. FREE wholesale sample pack. We're here to help you get what you need

Heidelberg Advantage Program – Rewards Program for Saphira Consumables Customers
Register for the Heidelberg Advantage Program now to start accumulating Saphira points and redeeming rewards while purchasing at the Heidelberg Online Shop.

Fujifilm Sericol
At Fujifilm Sericol, we're driven to provide you the best in digital print solutions. We're Digitally Driven.

Low-fee super for print, media, entertainment and arts industries
For all your super needs, speak to us on 1800 640 886 or visit our website

DES partners with Fogra
DES has now been made an official “Partner of Fogra”

Copyright © 2010 Haymarket Media. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms and Conditions.