Subscribe today - find out more
Why you should consider BusinessDesk
Primary Sector

NZ natural pet food company sold to Chinese firm

Rebecca Howard
Mon, 20 Sep 2021

Ziwi has more than 200 employees. (Image: Supplied)
Rebecca Howard
Mon, 20 Sep 2021
Ziwi shareholders have signed a sale and purchase agreement with private equity fund FountainVest Partners. “This positions Ziwi well for the future and provides strong additional support for the company’s ambitious growth plans,” the company said. The company declined to comment on the sale price but Bloomberg reported over the weekend that the deal with FountainVest Partners would value the company at about $1.5 billion.Ziwi managing director Richard Lawrence said the agreement “is about delivering sustainabl...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion FREE
UK trade deal reverses an ugly history
Tim Groser | Fri, 22 Oct 2021

The free trade deal announced on Thursday puts to bed half a century of troubled and tortured negotiations.

Scott Technology’s record result leans on meat and mining
Henry Burrell | Fri, 22 Oct 2021

The robotics firm’s strong global presence has been bolstered by a new deal with a white goods giant. 

Small businesses in 'hard out survival mode'
Oliver Lewis | Fri, 22 Oct 2021

An economist is warning NZ businesses are entering the highest risk period for failures.

Decarbonising infrastructure – navigating an abundance of policy and analysis

We have a rare opportunity to align significant public infrastructure investment with urgent climate change reform, but time is short and we all need to act.

Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.