Groser disappointed TPP deal not reached

Press Release – New Zealand Government

Trade Minister Tim Groser is disappointed that the TPP negotiations were unable to reach a conclusion today, but TPP ministers collectively pledged to meet again as soon as possible to finalise the deal. Read more »

Pharmaco signs regional deal with ConfiTEX

Press Release – Pharmaco

An Australasian marketing deal has been signed between Pharmaco Ltd and ConfiTEX, the creators of the worlds first fashionable absorbent underwear for women and men with incontinence. Read more »

Soft Starter Pioneer Enjoys Success with German Subsidiary

Press Release – Concentrate

AuCom Electronics sees growth opportunities for specialised medium voltage solutions in European and Middle East markets. Read more »

Bridgestone named ‘Most Trusted Tyre Brand’ in New Zealand

Press Release – Bridgestone

Bridgestone has been named the Most Trusted Tyre Brand in New Zealand, upholding its reputation as the most reliable on the market. Commissioned by Readers Digest, one of the worlds largest and most respected publications, the annual independent … Read more »

ARANZ Medical a Champion Canterbury finalist

Press Release – ARANZ Medical

CHRISTCHURCH, NZ., 30 July, 2015 ARANZ Medical has been named a Champion Producer/ Manufacturer category finalist in the 2015 Champion Canterbury Business Awards. Read more »

Lexus Nx Leads the Medium Luxury Suv Segment

Press Release – Lexus New Zealand

The steady increase in the demand for SUV vehicles has seen the Lexus NX lead the Medium Luxury SUV segment with over 20% share based on 2015 YTD sales (to the end of June). Read more »

Ballance delivers cash to shareholders up front

Press Release – Ballance Agri-Nutrients

Farm nutrient co-operative Ballance Agri-Nutrients has fast-tracked its 2014/15 rebate and dividend payment to get much-needed cash to farmers early. Read more »

3D Robotics announces ANZ release of Solo

Press Release – Magnum PR

Today 3DR and Convoy International announce the Australian and New Zealand release of Solo, an all-in-one personal smart drone whose ease of use and powerful new features kick off a new aerial age. As the first drone designed with every aspect of the photographers … Read more »

Affinity approaches bankers ove possible sale of Tegel Foods

Article – BusinessDesk

July 29 (BusinessDesk) – Affinity Equity Partners, the pan-Asian private equity firm, has approached a number of investment banks as it looks to sell New Zealand’s largest poultry business, Tegel Foods. Read more »

NZ Online Retail Sales: Monthly update for June 2015

Press Release – BNZ

Total online retail spending in June was up 19% compared to June 2014 levels, with double-digit annual growth in purchases at both local and international sites. Spending at international sites followed a strong May with an even stronger June, with spending … Read more »

Coats to take loss on ‘difficult’ sale of EMEA Crafts unit

Article – BusinessDesk

July 29 (BusinessDesk) – Coats Group, the company that grew out of diversified investor Guinness Peat Group, says the sale of its EMEA Crafts business to Aurelius Group will be completed on Friday although the loss on sale won’t be announced until its … Read more »

SeaDragon sees 60% boost in 2016 sales, positive earnings

Article – BusinessDesk

July 28 (BusinessDesk) – SeaDragon, which this month announced plans for a deeply discounted rights issue, expects annual sales to rise 60 percent in 2016, helping generate positive pretax earnings. Read more »

Kiwi exporters beware of e-commerce

Press Release – Wright Communications

The recent New Balance case should be a big wake up call for Kiwi companies exporting to Asian markets, especially those capitalising on e-commerce to do so. Selling online is a great idea as it gives companies ready access to untapped consumer markets – … Read more »

Yashili, Danone collaboration to cover new Pokeno milk plant

Article – BusinessDesk

July 27 (BusinessDesk) – Chinese-owned Yashili International Holdings will collaborate with French dairy giant Danone on its new $212 million plant in Auckland, as part of a wider deal for the Chinese milk formula maker to buy Danone’s Dumex China brand … Read more »

New Zealand’s most trusted brands for 2015 revealed

Press Release – Metro Marketing

The popular chocolate manufacturing company has been announced New Zealands most trusted brand in the annual Readers Digest Most Trusted Brands survey released today. Read more »

Unison Declares Solid Performance

Press Release – Unison

Friday 24 July 2015 Unison has again delivered a strong performance for its customers, achieving network performance well below regulatory limits. Read more »

Hamilton Honey Scores Sweet Silver at National Awards

Press Release – Hamilton City Council

Honey collected from hives at three popular Hamilton locations has claimed a silver medal at the recent National Beekeepers Association National Honey Competition. Read more »

Carpet Court sold to Australasian fund manager

Press Release – Wright Communications

Carpet Court sold to Australasian fund manager Australasian fund manager Allegro Funds is excited to announce it has taken a controlling interest in New Zealands leading flooring retailer Carpet Court, which has 60 outlets across the country. … Read more »

Silver Fern Farms suspends shares pending capital raise news

Article – BusinessDesk

July 24 (BusinessDesk) – Meat processor Silver Fern Farms has suspended trading of its shares on the Unlisted exchange until further notice as it continues with its capital raising initiatives. Read more »

Comvita forecasts 35% boost to annual earnings

Article – BusinessDesk

July 23 (BusinessDesk) – Comvita, the maker of health products based on manuka honey, has forecast a 35 percent gain in annual earnings and has signalled the exit of its chief executive Brett Hewlett at its annual shareholders meeting. Read more »

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