Mill sale approved

THE sale of Carter Holt Harvey’s Pinepanels sites in Mount Gambier is now likely to proceed amid the national competition watchdog giving the transaction the green light.

The looming multi-million dollar sale will be the biggest shake-up in the Mount Gambier timber manufacturing sector for some decades.

Up to 180 workers at CHH’s White Avenue and Lakeside sites will be caught up in the sale to the Borg Group, which is head-quartered in New South Wales.

The Australian Competition and Consumer Commission (ACCC) has announced it will not oppose the sale of the two sites to the

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