Marsden Maritime Holdings shareholders back consortium buyout

The vote is in on a proposal for a consortium to buy out all minority shareholders in Marsden Maritime Holdings. (Image: NZME)

Rebecca Howard

Thu, 29 May 2025

Shareholders in Marsden Maritime Holdings voted strongly in favour of selling their shares to a consortium that will bring the company and Northport under shared ownership.Earlier this year, the NZX-listed industrial landowner announced that the Northland Regional Council, Port of Tauranga, and the Ngāpuhi investment fund, Tupu Tonu, had proposed a scheme of arrangement to buy out all minority shareholders in Marsden Maritime Holdings (MMH) and delist the company from the exchange. Under the terms of the scheme, the consortium will establish a...

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