comscore ML Macadamia buying 1,100 acres of mac trees in Kau | Honolulu Star-Advertiser
Top News

ML Macadamia buying 1,100 acres of mac trees in Kau

[ AD HAS BEEN REMOVED FROM THIS STORY ]

ML Macadamia Orchards LP has signed an agreement to buy the Big Island  macadamia farming operations of California-based IASCO for $12.5  million.

The purchase includes 4,843 acres of land in the Kau district, 1,100 acres of which is planted in macadamia trees, ML Macadamia said in documents filed today with the Securities and Exchange Commission. ML Macadamia bills itself as the world’s largest grower of macadamia nuts.

IASCO, a Redwood City, Calif.-based airline crew leasing and management company, had owned much of the macadamia orchard and surrounding land since buying it in phases from C. Brewer & Co. in the late 1970s to the mid1980s.

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Be the first to know
Get web push notifications from Star-Advertiser when the next breaking story happens — it's FREE! You just need a supported web browser.
Subscribe for this feature
Comments have been disabled for this story...

Scroll Up