Court battle comes to an end

Select Harvests and Almas Almonds have settled court proceedings by reaching a confidential agreement.

The court proceedings were brought by Almas Almonds against Select Harvests in relation to a previously terminated Almond Orchard Management Agreement.

Paul Thompson, Managing Director of Select Harvests advised that the parties have reached a confidential agreement to settle the proceeding.

Thompson said the agreement is effective immediately and the settlement will have no material impact on Select Harvests 2014/15 financial result or that of subsequent years.

Select Harvests is Australia's largest almond grower and processor, and is the third largest grower worldwide.


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