Capilano to enter WA market

Capilano Honey has announced it will acquire a number of WA honey company Wescobee's assets.

According to the company it will merge Wescobee's honey packing and distribution operations similar to Capilano's operations.

The proposed merger is still subject to the completion of due diligence on the assets and the overall business operations of Wescobee, and the negotiations of terms of the lease by Capilano of the factory premises that are currently owned by the WA honey company.

Wescobee sells predominately to WA and overseas.

According to Capilano it is acquiring the assets as "Capilano does not have any operational presence in Western Australia".