Proposal to delist Northport owner Marsden Maritime Holdings from NZX

Marsden Maritime Holdings owns 50% of Northport. (Image: NZME)

Tue, 25 Feb 2025

Marsden Maritime Holdings will be delisted from the New Zealand Exchange under a proposal to buy out minority shareholdings and take the company private.The ownership change will leave Northland Regional Council (NRC), Port of Tauranga (POT), and Tupu Tonu (TT) as shareholders, with POT owning 50%, NRC owning 43%, and TT owning 7%, according to a statement to the NZ Exchange (NZX) on Tuesday. The consortium of the three potential shareholders said the move would simplify Marsden Maritime Holding’s leadership structure by delisting it...

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