Sale of a 35-year forestry
right over the
West Coast Plantations
Estate for Ngāi Tahu
- Cameron Partners advised Ngāi Tahu Holdings on the sale of a 35-year cutting right of its West Coast Plantations to a new joint venture comprising Fiera Comox (85%) and Ngāi Tahu (15%)
- The partnership transaction is positive for the region, with Fiera Comox bringing global expertise to a significant industry for Te Tai o Poutini (the West Coast)
- Each year, approximately 225,000 m3 of softwoods, such as pinus radiata, are harvested across West Coast Plantations. The trees are sold to both domestic and export markets