Hart family-owned firm tips Hansells Masterton into receivership, 100 jobs at stake

Hart family-owned firm tips Hansells Masterton into receivership, 100 jobs at stake
Executive chair Alan Stewart at the Hansells operation in Masterton. (Image: NZME)
Staff reporters
A company owned by the Hart family – one of the richest families in New Zealand – has tipped one of its contract manufacturers, Hansells Masterton, into receivership.Walter & Wild, a secured debt holder, appointed Andrew McKay and Rees Logan of BDO Auckland as receivers to Hansells Masterton on Thursday.Based in the Wairarapa region, Hansells Masterton is a fast-moving consumer goods (FMCG) manufacturing business, focusing on contract manufacturing. It also owns the Horleys sports nutrition brand and licenses the...

More Retail

Kitchen Things on brink, $16.6m owed: Administrators
Retail

Kitchen Things on brink, $16.6m owed: Administrators

The retailer made a $4.7m loss in the year to March 2025.

Life insurance market shrinks
Finance Risky Business

Life insurance market shrinks

Foreign firms dominate as affordability, tax and access barriers stymie growth.

The quiet rise of ‘ghost brands’
Retail

The quiet rise of ‘ghost brands’

About 90% of the 80-odd Pita Pit stores now have virtual brands operating in them.

Gregor Thompson 17 Sep 2025
‘Unusual’ volume of CCCFA changes in focus
Finance

‘Unusual’ volume of CCCFA changes in focus

Select committee mulls proposed changes to CCCFA, to report recommendations Oct 20.

Andy Macdonald 16 Sep 2025