Rangatira lifts stake in meat products firm Hellers to 62.5%

Mon, 23 Nov 2015

By Jonathan Underhill Nov. 24 (BusinessDesk) - Rangatira Investments, the Wellington-based investment group, increased its holding in Hellers after buying shares from the former managing director of the meat products maker. Rangatira lifted its holding to 62.5 percent from the 50 percent initial investment it made in 2003. Founder Todd Heller has retained his holding at 29.8 percent while former managing director Nick Harris sold some of his 19.8 percent holding, the company said in a statement. No price was disclosed and Hellers doesn't...

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