The acquisition of 115 hectares of farmland in Southland is expected to increase a tulip company’s annual exports by 25 million bulbs.

Horizon Flowers New Zealand Limited is based in Mabel Bush, Southland, and is owned by Netherlands-based Horizon Flowers.

In July, the Overseas Investment Office permitted the company to acquire the freehold interest in 115 hectares of farming land adjacent to its tulip bulb factory in Mabel Bush.

Horizon Flowers NZ manager Roy Smak said it would be investing a further $1 million into its factory and adding up to 15 seasonal jobs due to the acquisition.

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