Sale “scuttle” unlikely

TAKING CONTROL: OneFortyOne Plantations executives accompanied the Australian Competition and Consumer Commission officials on a tour of the Mount Gambier district’s forestry sector. The company’s Green Triangle general manager Willie van Niekerk is pictured inspecting a plantation near Mount Gambier.

THE union representing hundreds of timber workers in Mount Gambier says it is unlikely the Australian competition watchdog will “scuttle” the looming sale of Carter Holt Harvey’s Jubilee Highway sawmill.

Forestry union Green Triangle secretary Brad Coates’ comments come amid the Australian Competition and Consumer Commission (ACCC) mergers team this week touring the timber processing sites and plantations in the Mount Gambier district.

It is understood a number of timber-related companies have lodged submissions with the ACCC highlighting concerns over the pending sale to regional forestry giant OneFortyOne (OFO) Plantations.

These submissions lodged with the ACCC are strictly

OR
OR

Leave a Reply