T&G Global buys domestic Freshmax business for $30m
By Rebecca Howard | Tue, 17 Dec 2019
T&G Global has agreed to buy Freshmax Group’s domestic New Zealand business for $30 million, the same day that it warned profit would more than halve. The fruit exporter said it wants to stre...
Chinese importer seeks delay in Zespri case
By Victoria Young | Mon, 16 Dec 2019
The Chinese importer suing Zespri for $25 million wants a trial held off until 2021 because its lead witness remains in a Chinese jail. Shanghai Neuhof first filed a claim against Zespri in May 2...
Food and fibre sector leans on govt to brace for sea change
By Rebecca Howard | Thu, 12 Dec 2019
Industry groups have bought into a government working group's plan to set up a new partnership to add value to New Zealand's food and fibre products as they contend with unprecedented change in the gl...
Scales to meet 2019 guidance, signals flat 2020 operating profit
By Jenny Ruth | Thu, 05 Dec 2019
Apple company Scales Corp says its underlying net profit for calendar 2019 will meet guidance and its operating profit for 2020 will be flat because of increased capital spending and lower interest in...