Comvita buys Whanganui-based Kiwi Honey for undisclosed sum

Mon, 01 Oct 2012

By Paul McBeth Oct. 2 (BusinessDesk) - Comvita, which makes products based on the virtues of Manuka honey, has ramped up its supply buying Whanganui-based Kiwi Honey for an undisclosed sum. The Te Puke-based company will add 3,500 beehives to its supply base after buying the apiary, it said in a statement. The acquisition was completed last week, with a confidential purchase price, it said. "We anticipate approximately a third of our honey will be sourced from Comvita owned apiaries," chief executive Brett Hewlett said in a statement. "Our...

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