Jobs saved as buyer steps in for 50-year-old NZ business
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Muri Capital has agreed to buy Candida, a business that has operated for 50 years in New Zealand. This acquisition prevents a previously planned closure of the company's factory. The new owner has promised to provide Living Wage pay for the staff. This deal ensures that jobs at the facility are saved.
Muri Capital has agreed to acquire Candida, reversing a planned factory closure and promising Living Wage pay for staff.