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Caniwi Capital buys exposure to housing boom with Lancer Aluminium purchase
By Pattrick Smellie March 12 (BusinessDesk) - Wellington-based private equity fund Caniwi Capital has purchased Auckland-based Lancer Aluminium, buying exposure to the booming Auckland residential construction market through the firm, which makes aluminium window and door fram...
Spark trims senior leadership team, will flatten structure from FY19
By Paul McBeth March 12 (BusinessDesk) - Spark New Zealand will trim its senior leadership team as it shifts to a flatter, less hierarchical structure from the September quarter. From July, Spark's leadership team will consist of managing director Simon Moutter, customer d...
Italian luxury mill Reda says wool in one of its 'best moments' on millennial demand
By Tina Morrison March 12 (BusinessDesk) - The head of 150-year old Italian textile mill Successori Reda, who has spent the past week in the merino growing regions of the South Island with his top executives, says wool is having one of its best ever moments, driven by millenni...