Wanganui Coldstorage Ltd, which is a division of Icepak and owned by Hall's Group, has been sold to a subsidiary of Denmark-based international petfood processing company BHJ. Wanganui Coldstorage has about 40 permanent and fixed-term staff.
Hall's Group CEO Vaughan Grant briefed staff about the sale on Monday.
Grant said while Wanganui Petfoods was a successful business, it was not core business for Hall's Group.