Update Regarding BayWa AG

MKTUPDTE
Thu, Dec 05 2024 11:40 am

Update Regarding BayWa AG


T&G Global’s ultimate parent company, BayWa AG, is undertaking a transformation of its business. As part of this, it has announced some potential changes to its business, including it envisaging the sale of major holdings outside of Germany.

This is a process being led by BayWa and relates to its business and shareholdings. It is therefore not appropriate for T&G to comment on their position. We continue to work closely with BayWa and our Board to maximise value for all shareholders.




For further information, please contact:
Adrienne Sharp
Head of Corporate Affairs
[email protected]
+64 27 801 5534


About T&G Global
Our story began more than 125 years ago as Turners and Growers, and today as T&G Global we help grow healthier futures for people around the world. Located in 13 countries, our team of 1,600 people grow, market, sell and distribute nutritious fresh produce to customers and consumers in over 60 countries. We grow apples, tomatoes, citrus and blueberries, and we partner with over 800 independent growers. As kaitiaki, T&G does this guided by kaitiakitanga. For us, this means we treat the land, people, produce, resources, and community with the greatest of respect and care. www.tandg.global


Announcement PDF


Markets News

NZX down as My Food Bag sees green shoots
Markets Market Close

NZX down as My Food Bag sees green shoots

No apparent impact from Budget 2025 announcements on NZX.

Tom Raynel 22 May 2025
Retail

My Food Bag shares up 8% as sales growth returns

CEO Mark Winter says demand is picking up.

Gregor Thompson 22 May 2025
My Food Bag shares up 8% as sales growth returns
Markets

'Vindicated': AFT's Aussie investment pays off

Increased marketing spending across the Tasman concerns some people, AFT's CEO says.

'Vindicated': AFT's Aussie investment pays off