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Business

Business news is presented by

A message from our sponsor: At Malloch McClean +MORE we're more than great accountants. For over 90 years, we have been helping New Zealanders build enduring wealth through successful business. Our experienced team can help you grow all areas of your business and will challenge you to succeed. Talk to us today and find out how we can help you build a smarter, better business. Contact Phone: 214 4166 Website: https://www.mmca.co.nz/

Simplicity Private Equity Buys Stake In Stabicraft
Simplicity Private Equity Buys Stake In Stabicraft
Business   -   Nov 20, 2024

* Simplicity Private Equity Fund acquired a 35.9% stake in Stabicraft Marine. * Stabicraft plans international growth following pandemic challenges with strong dealer and supply networks. * Founder Paul Adams remains majority shareholder and supports future growth with equity backing. Simplicity Private Equity Fund has acquired a 35.9% stake in Stabicraft

Ocean Beach Gets $2.2M For Aquaculture
Ocean Beach Gets $2.2M For Aquaculture
Business   -   Nov 15, 2024

* Coalition Government invests $2.2 million to develop Southland’s aquaculture centre of excellence. * Ocean Beach expansion includes farming pods, training facilities, and workforce accommodation. * Project aligns with New Zealand's $3 billion aquaculture sales target by 2035. Ocean Beach is celebrating a $2.2 million loan from the

Markets With Madison - Resene Paint
Watch Now   -   Nov 22, 2024 Markets With Madison - Resene Paint

Resene Paint has been in the business of colour for 78 years. But the family-owned company is now facing margin pressure in its manufacturing operation. Resene paints has been a company of colour for 78 years but now the third generation family-owned business is facing margin pressure at CFO explains

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Markets With Madison - Resene Paint
Markets With Madison - Resene Paint
Watch Now   -   Nov 22, 2024

Resene Paint has been in the business of colour for 78 years. But the family-owned company is now facing margin pressure in its manufacturing operation. Resene paints has been a company of colour for 78 years but now the third generation family-owned business is facing margin pressure at CFO explains

Simplicity Private Equity Buys Stake In Stabicraft
Simplicity Private Equity Buys Stake In Stabicraft
Business   -   Nov 20, 2024

* Simplicity Private Equity Fund acquired a 35.9% stake in Stabicraft Marine. * Stabicraft plans international growth following pandemic challenges with strong dealer and supply networks. * Founder Paul Adams remains majority shareholder and supports future growth with equity backing. Simplicity Private Equity Fund has acquired a 35.9% stake in Stabicraft

Ocean Beach Gets $2.2M For Aquaculture
Ocean Beach Gets $2.2M For Aquaculture
Business   -   Nov 15, 2024

* Coalition Government invests $2.2 million to develop Southland’s aquaculture centre of excellence. * Ocean Beach expansion includes farming pods, training facilities, and workforce accommodation. * Project aligns with New Zealand's $3 billion aquaculture sales target by 2035. Ocean Beach is celebrating a $2.2 million loan from the

SBS Bank CEO Wins Leadership Honour
SBS Bank CEO Wins Leadership Honour
Business   -   Nov 14, 2024

* Mark McLean awarded Leader of the Year at Cooperative Business NZ Awards. * SBS Bank surpasses industry growth rates under McLean’s three-year leadership. * Recognition highlights transformational growth and focus on cooperative values. Mark McLean, Group Chief Executive of SBS Bank, has been honoured as Leader of the Year at the

Fonterra Announces Divestment Plans and Price Update
Fonterra Announces Divestment Plans and Price Update
Farming   -   Nov 11, 2024

* Fonterra confirms plans to divest its global Consumer and integrated businesses. * The Co-op raises its milk price forecast for the 2024/25 season. * Buyer interest highlights the value of Fonterra’s strong global business portfolio. Fonterra Co-operative Group Ltd has announced its decision to proceed with divestment options for its

Building Stronger Relationships Key To Success For The Mortgage Supply Co
Building Stronger Relationships Key To Success For The Mortgage Supply Co
Business   -   Nov 09, 2024

It’s been a great year for Mandy Jordan from The Mortgage Supply Co - with the team clocking over 100 contracts in 2024 and the years not over. Business has been strong because Southlanders are “amazing and resilient” and know that home ownership is a long term game, she

$250 Million Christchurch Engine Centre Expansion Announced
$250 Million Christchurch Engine Centre Expansion Announced
Business   -   Nov 08, 2024

* A 14,000 square metre expansion will support advanced engine maintenance in Christchurch. * The project will create 200 skilled jobs and boost New Zealand's aviation capabilities. * Expansion will enable eco-friendly maintenance for next-generation GTF engines by 2026. The expansion, covering 14,000 square metres, will allow the centre

Awarua Synergy Celebrates 20 Years Of Healthy Homes in Southland
Awarua Synergy Celebrates 20 Years Of Healthy Homes in Southland
News   -   Nov 08, 2024

It was cake and team building day for Awarua Synergy this week as it celebrated 20 years in business. Led by Sumaria Beaton-Sikisini - a Kiwibank New Zealander of the Year recipient in 2023, the healthy homes advocate still loves sharing her knowledge with the wider Southland community. Just recently

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