Administrators recommend liquidation for Happy Valley

Administrators recommend liquidation for Happy Valley
The site of its planned factory. (Image: Happy Valley Nutrition)
Riley Kennedy
The administrators of Happy Valley Nutrition have called its creditors together and are recommending they tip the wannabe milk processor into liquidation.But there appears to be interest in continuing the project to build a milk factory in Waikato with McGrathNicol’s Andrew Grenfell and Kare Johnstone noting in their report ahead of that vote next week that they’ve recently received two expressions of interest to potentially recapitalise the business.There is no Deed of Company Arrangement (DOCA) proposed so far, but the p...

More Finance

FNZ employee shareholders told success more likely
Finance

FNZ employee shareholders told success more likely

Account show loss at global fintech widens. 

Victoria Young 05 Jun 2025
NZ Super ahead of the curve on US equities
Finance

NZ Super ahead of the curve on US equities

New Zealand’s sovereign wealth fund has been overweight in European equities.

Gregor Thompson 03 Jun 2025
Former Telecom chair Wayne Boyd honoured
Finance

Former Telecom chair Wayne Boyd honoured

Honours recognition for a lifetime of low-key, high-quality leadership.

Pattrick Smellie 02 Jun 2025
Andrew Barclay to leave Goldman Sachs NZ
Finance

Andrew Barclay to leave Goldman Sachs NZ

Andrew Barclay has been one of NZ’s most respected deal-makers.

Pattrick Smellie 20 May 2025