NZ King Salmon acquires Blenheim site for future growth

New Zealand King Salmon Investments Limited announced on September 9, 2025, it has finalized the purchase of a commercial site in Blenheim for $8.14 million. The acquisition, located at the Cloudy Bay Business Park, is intended to support NZK's future processing requirements, driven by anticipated growth from the Blue Endeavour project. The transaction is expected to settle by October 7, 2025, funded by existing cash reserves.

The company stated that while the site represents an investment for future development, firm decisions on its use are pending further stage gates. NZK emphasized that any changes to current operations are at least three years away, with no immediate impact on its Nelson factory operations or staffing at 17 Bullen Street. The Nelson facility will continue its existing processing, research, development, and corporate functions.