Gunns Limited is an Australia-based company. The Company is engaged in forest management and development, milling, processing, merchandising and export of wood products; merchandising of hardware and building supplies; management of forestry and horticultural managed investment schemes, and construction and wine production and sale. It operates in three segments: forest products, which is engaged in forestry management and the processing, manufacture and sale of forest products, including timber and other manufactured products; managed investment schemes, which is engaged in the establishment and financing of managed woodlots, vinelots and orchards, and the provision of related forestry and horticultural services, and other, which is engaged in the merchandising, construction services, vineyard management and wine production and sale. On July 3, 2009, the Company acquired 17.9% interest in Forest Enterprises Australia Limited. On August 31, 2009, it acquired ITC Timber Pty Ltd.