Mowbray buys into Wairarapa figurine business

Mowbray Collectables has bought a 49 per cent of Wairarapa figurine business Imperial Productions for an undisclosed amount.

Managing director John Mowbray told yesterday's annual meeting in Wellington that the company would also take up an option to increase its holding in Peter Webb Galleries to 49 per cent from the 33 per cent purchased last year - making a total investment of $1.5 million.