More to Villa Maria deal than heritage: Indevin

More to Villa Maria deal than heritage: Indevin
Villa Maria and Indevin have both owned and operated vineyards successfully (Image: Deposit Photos)
Paul McBeth
Indevin Group was always looking for a strong brand as part of its long-term strategy, but that wasn’t the only selling point in picking up Villa Maria Estates.The Marlborough-based winemaker is the biggest wine producer in the country but has tended to fly under the radar over the past two decades with its roots in contract winemaking both at home and abroad.The low profile belies its size, with the 2019 Coriolis investor’s guide to New Zealand’s food and beverage industry estimating its annual revenue is between $250 million...

More Primary Sector

Less than 10% of Provincial Growth Fund loans repaid
Primary Sector

Less than 10% of Provincial Growth Fund loans repaid

Of nearly $366m paid out in loans, just over $34m has been repaid.

Michael Neilson 04 Nov 2025
Mammoth application for Santana gold mine
Primary Sector

Mammoth application for Santana gold mine

A 9,400-page submission targets what is said to be NZ's largest gold find in 40 years.

Pattrick Smellie 03 Nov 2025
Rising volumes push Port of Tauranga profit outlook higher
Primary Sector

Rising volumes push Port of Tauranga profit outlook higher

Port of Tauranga expects its full-year net profit after tax to fall somewhere between $137 million and $147m.The NZX-listed port company’s container volumes increased 9% to 319,649 TEUs in the first three months to Sept 30.Total trade increased 5.9% in volume compared to the same...

Staff reporters 31 Oct 2025