A quarter of NZ food and beverage firms are foreign-owned, value-add exports rising, report says

A quarter of NZ food and beverage firms are foreign-owned, value-add exports rising, report says
Fiona Rotherham
By Fiona Rotherham Nov. 23 (BusinessDesk) - A government-commissioned report aimed at attracting more investment into New Zealand’s growing food and beverage sector says about a quarter of the sector is already foreign-owned. The Investors’ Guide to the New Zealand Food and Beverage Industry, by Auckland research firm Coriolis, says food and beverage (F&B) exports account for 46 percent of all goods and services exports - $30.7 billion of the $66.2 billion total in 2014. New Zealand is the world’s largest exporter of dairy products and la...