Hillwood Berries Tas Pty Ltd entered into a binding contract to acquire Shima Wasabi Pty Ltd from TasFoods Limited (ASX:TFL) for AUD 0.7 million on June 26, 2023. Transaction is subject to final agreements. The net proceeds from the sale will be used to retire debt and support working capital requirements. The transaction is expected to complete on June 30, 2023.

Hillwood Berries Tas Pty Ltd completed the acquisition of Shima Wasabi Pty Ltd from TasFoods Limited (ASX:TFL) in quarter ended June 30, 2023.