Ruralco to acquire Total Eden

Deal will move group into water sector, attempt to mitigate seasonal risks of business.

Ruralco Holdings (RHL) has entered into a share sale deed to acquire  Total Eden Holdings from Anchorage Capital Partners for a purchase price of $57.4 million.

In a statement to the Australian Securities Exchange, Ruralco said water had been a strategic focus of the group's and the acquisition provided a platform for future growth in the sector.


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