FRESH CHOICE DUO NOW SUPER VALUE

Greytown business couple, Chris and Lindsay Ward, have bought Super Value supermarket and the associated businesses that make up Featherstone Gateway from Trust House for around $4.2m. The sale includes a supermarket, bottle store, a New Zealand Post and Kiwibank outlet, as well as a lotto shop, bakery and café. The duo, who already own Fresh Choice, are taking over the businesses on March 27th. Trust House chief executive Allan Pollard said the trust would be directing its resources and skill to its core business of social housing, pubs with multi-revenue streams and hotels. Choosing the Greytown couple over other prospective buyers, Mr Pollard said, “We know how good they are at what they do and they are local, which was a very important factor to us.” He added that the Trust would file its annual report probably in May and that they will be able to highlight a very successful year. “We are thrilled to be able to take over the reins of Featherstone Gateway and we are determined to do a great job, as Trust House has done,” Chris Ward said.