ASX-listed fleet management and vehicle leasing group SG Fleet says it will acquire the New Zealand and Australian business of the European LeasePlan group in a cash and share deal valued at A$387 mil
Australian firm Circuitwise Group has acquired Christchurch-based electronics manufacturing company Assembly Specialists Limited for an undisclosed amount. Circuitwise is an electronics manufacturer s
The longstanding chair of Christchurch council’s holding company and another director, a councillor, have both resigned. The resignations come after an investigation “relating to communication�
Creditors of a North Otago irrigation scheme owed more than $50 million have approved a deed which staves off liquidation. In May, the Kurow-Duntroon Irrigation Company (KDIC) was put into receivershi
Richina Ltd, a holding company wholly owned by former Mainzeal boss Richard Yan, has been placed in liquidation. Yan, also known as Yan Ciliang, went bankrupt in May this year after he and other Mainz
Disgraced former National party candidate Jake Bezzant has resigned his directorship at Invisible Urban Charging.Now-sole director Nigel Broomhall told BusinessDesk he had informed all the company’s
The business practices of a major construction company “can only be described as corrupt”, Vector claimed in the closing stages of its private prosecution against the entity. The company at the ce
Pioneering company SolarZero has been put into liquidation The company, which has traded since the 1970s, in recent years became the first company to offer a subscription model for household solar and
James Whittaker never planned to get into the hearing business. The former British Airways executive who moved here in 2008 got his first job in this country, not to mention in the audiology sector, t
Minister for Rail Winston Peters has appointed Chris Mackenzie to chair a new company being set up to procure replacement Cook Strait ferries. Peters and Finance Minister Nicola Willis announced on D
The Commerce Commission has issued a warning to South Canterbury-based lines company Alpine Energy after an accounting error resulted in it overcharging customers by $16.9 million. Commissioner Vhari
The a2 Milk Company has inked a long-awaited deal to purchase Yashili’s New Zealand plant for $282 million and sold its stake in Mataura Valley Milk to Open Country Dairy. The Yashili deal, as Busin
The receivers of a group of automobile businesses are tracking down cars that were moved to third-party lots before the insolvency. Mohammed Jan, of Liquidation Management, was appointed liquidator of
Lyttelton Port Company has achieved a record result despite lower container volumes, reporting an underlying net profit of $25.2 million. The 2025 financial year result, which was disclosed by the Chr
The New Zealand Refining Company is the country's only oil refinery and the leading supplier of refined petroleum products to the New Zealand market, including petrol, diesel, aviation fuel and other.
New Zealand software company Idiom has been acquired by Manchester-based Heywood Pension Technologies for 'eight figures'. Idiom is a business rules software specialist that develops and licences its.
New Zealand Rural Land Company Limited Ordinary Shares Company Details Registered Office: Duncan Cotterill, Level 5, 50 Customhouse Quay, Wellington 6011 Postal Address: Duncan Cotterill, Level 5, 5
CMO originated in 1859 from a coach-building operation at 89 Courtenay Place Wellington. In 1881 it merged into Rouse & Hurrell, a partnership that formed into a limited liability company in 1902. The
Former Finance Minister and recently appointed NZME chairman Steven Joyce has been appointed to Foodstuffs North Island’s board of directors. Foodstuffs North Island (FSNI) said Joyce brings decades
Australian Foundation Investment Company Limited specializes in investing in Australian equities. The company has a diverse portfolio of 75 Australian companies. The company follows a dividend reinves
John Penno will take over as chair of The NZ Merino Company. Current chair Kate Mitchell, who sits on the board of The a2 Milk Company, will stay on as an independent director for a year after handing
Insolvency practitioners assigned to recently-liquidated Hiremaster are looking for a buyer. Hiremaster Event & Party has been moved into voluntary liquidation, with shareholders appointing David Rusc
$6.37 Open $6.25 -0.12 -1.85% January 29, 2025, 5.00pm Today 5D 1M 1Y 2Y Key announcement - click for info Created with Highcharts 8.2.2Apr '24Jul '24Oct '24Jan '25468 20 minute delayed info. Updated.
Hallenstein Glasson’s group chief executive has resigned. The company posted an announcement to the NZX from its chair on Tuesday afternoon, saying Chris Kinraid would step down effective from Frida
The New Zealand sharemarket rose more than 1% on Wednesday, boosted by strong gains from power companies Meridian Energy and Mercury NZ. The S&P/NZX 50 Index closed up 1.36% or 167.48 points, rising t
Third party data: All data displayed on the FundSource pages (Data) on BusinessDesk has been sourced from an independent third party, FE Fundinfo. NZME and its related bodies corporate and affiliates (together NZME) do not make any representation as to the currency, fairness, accuracy, completeness or reliability of the Data. Nor will NZME have any liability to any person in relation to the use of or reliance on the Data.
No financial or investment advice: The Data is general information only. It is not financial product or investment advice or an investment recommendation, and has not been prepared taking into account the objectives, financial situation or needs of any person. Potential investors should seek their own independent advice from a qualified financial adviser prior to making an investment decision. NZME makes no recommendation in relation to, and accept no responsibility or ongoing liability for, any person’s investment decisions.
No offer: The Data is only to be accessed by New Zealand residents from within New Zealand, and may not be copied or distributed to any other person. The Data does not constitute an offer or solicitation to offer financial products or conduct investment business in New Zealand or any other jurisdiction.
No guarantee: Past performance information should not be relied upon as (and is not) a promise, representation, warranty or guarantee as to the past, present or future performance. NZME does not guarantee repayment of any capital or payment of any returns on capital invested in the investments referred to in the Data.
Missing data? All data comes from FE fundinfo. BusinessDesk can help you get your data loaded and updated. Email [email protected] for help.