'True value': MHM Automation outlines US takeover bid to shareholders

'True value': MHM Automation outlines US takeover bid to shareholders
MHM Automation manufactures engineered solutions for the primary and logistics sectors. (Image: MHM)
Oliver Lewis
During its annual general meeting this week, MHM Automation chair Trevor Burt hit the nail on the head with an understated comment.“It’s fair to say that events have probably overtaken us with this meeting,” he told the 70-odd shareholders, gathered virtually and in-person in Christchurch.The AGM was scheduled to discuss MHM and its results for the 2023 financial year, a period that included the transformational acquisition of Wyma Solutions, a world-leading post-harvest fruit and vegetable equipment producer.As chief executiv...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024