Posts tagged "Zespri"

Free trade deal with Europe could deliver a $30m windfall for kiwifruit exports

[21 June/Stuff] According to Zespri CEO, Dan Mathieson, a free trade deal with the European Union could offer a $30 million benefit to the New Zealand kiwifruit industry. The current tariff into Europe could be removed under the proposed free trade agreement. Mr Mathieson said Korea was a good example of where tariff relief had...

Zespri red kiwifruit about two years away from commercial introduction

[14 June/NZ Herald] Zespri said the world was waiting for a good red kiwifruit, and that they hoped to deliver this in a few years. Chief Executive, Dan Mathieson, said Fieldays visitors could sample the fruit, but it would take time before its commercial introduction so the fruit would be viable from orchard right through...

Zespri reports strong year despite lower volumes

[23 May/Radio NZ] Zespri reported an earnings increase for the 2017-18 season despite kiwifruit volume falling 11 percent. Production volumes suffered from the cloudy summer.  Zespri Chairman, Peter McBride, said the increased value of kiwifruit sales reflected strong consumer demand and good market performance. He added they sold a record volume of SunGold while growing...

Chinese authorities intercept 120 trays of fake Zespri product at fruit market

[3 May/Stuff] Chinese government officials intercepted 120 trays of fake Zespri kiwifruit being sold in a fruit market. Zespri Mainland China General Manager, Holly Brown, said Zespri worked with Chinese government officials to identify and prosecute where possible. Ms Brown said Zespri sold $500 million of kiwifruit in mainland China last season and China was...

Ministry declares 1200-person kiwifruit labour shortage in Bay of Plenty

[8 May/The Country] For the first time in over a decade, a seasonal labour shortage was announced in the Bay of Plenty. The Ministry of Social Development said the region needed 1,200 additional workers to pick and pack kiwifruit. Zespri did not expect the labour situation to have any material impact on the season or...

Seeka buys T&G assets

[30 April/Farmers Weekly] T&G will sell its kiwifruit orchards, packhouse facilities and assets to Seeka. The deal is worth about $40 million. Seeka recently sold out its shares in Zespri Group after opposing constitutional changes that tied shareholdings to trays of fruit produced. T&G will still have access to fruit grown by Seeka for its...

Wanted: 14,329 more kiwifruit workers for Bay by 2030

[8 April/The Country] The kiwifruit industry needed to find 14,329 more workers in the next 12 years as the sector continued to boom. Zespri Head of Grower Relations, Dave Courtney, said the industry was on track to more than double sales by 2025. Zespri had employed more staff and now export to nearly 60 countries....

Kiwifruit sales to China, Japan set to hit $1 billion

[25 March/NZ Herald] Zespri said sales to China were tracking at a record $500 million, while Japan looked set to make it double completing another half a billion dollars in sales. China and Japan are Zespri’s two biggest markets and most of the fruit sold there was from New Zealand. Zespri’s spokesperson, Rachel Lynch, said...

Zespri shareholders vote in favour of changes to constitution

[14 March/NZ Farmer] Zespri shareholders have voted to ensure active growers have greater control of the co-operative. A share cap will be introduced with growers able to hold a maximum of four shares for each tray of kiwifruit that they supply to Zespri.  This will mean around 8 percent of growers are ‘overshared’, whereas 29...

Massive 98 hectare kiwifruit property on the market

[18 March/NZ Herald] A large kiwifruit orchard comprised of three mid to large blocks of land in the Bay of Plenty was for sale by Bayley’s. The orchard portfolio came with an option to buy 677,720 Zespri shares. Bayley’s Managing Director, Mike Bayley, said it was rare to see a portfolio that large on the...

No leftovers for NZ shoppers – we get export grade fruit and vegetables

[18 January/NZ Farmer] The horticulture industry has followed statements from Beef+Lamb New Zealand to assure consumers that they are enjoying export quality fruit and vegetables rather than being left with only leftover products.  Mike Chapman, CEO of Horticulture New Zealand, said that most of the vegetables grown in New Zealand were sold and eaten in...

Kiwifruit’s potential $26m-a-year windfall

[9 December/ NZ Herald] Zespri and its growers could gain $26 million on the first day of the revised Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTTP) as early as the end of 2018. The new agreement would involve implementing a zero percent tariff rate for the 11 countries including New Zealand. Currently, New...

Ex-Zespri head to lead Silver Fern Farms

[5 December/ Otago Daily Times] Silver Fern Farms has named Zespri Chief Operating Officer, Simon Limmer, as its new Chief Executive. Mr Limmer had worked for Zespri in a variety of general management roles in New Zealand and China, and would take over from Dean Hamilton in March 2018. Silver Fern Farms Chairman, Rob Hewett...

SFO ends four-year Zespri investigation with no charges

[7 November/ New Zealand Herald] The Serious Fraud Office will not file charges against Zespri Group over dual-invoicing, ending a four-year investigation into the company. Serious Fraud Office Director, Julie Read, said the investigator found the evidence did not meet a high enough standard to lay charges after investigating allegations Zespri facilitated tax evasion while...

Zespri to pay $250,000 after orchard worker dies in quad bike accident

[30 October/Stuff] Zespri has voluntarily paid $250,000 towards safety measures following a quad bike accident in May 2016 that resulted in the death of an orchid worker. This sum included $25, 000 paid to the deceased’s family. WorkSafe NZ accepted an enforceable undertaking from Zespri. Three other parties involved have been charged with the death....

New Zespri CEO to split time between NZ and Singapore

[31 October/New Zealand Herald] New Zespri Chief Executive Dan Mathieson plans on splitting his time between New Zealand and Singapore as the global kiwifruit company seeks to further expand into international markets. The company plans to double global sales to $4.5 billion by 2025. The company’s current focus is on supplying markets all year round,...

Orchard buyers set new kiwifruit gold standard as Zespri expands plantings

[19 October/Stuff] A handful of kiwifruit orchards in Bay of Plenty have sold for over the $1 million per hectare mark this week, setting a new high for the industry. Values had soared since 2014 when gold orchards were worth about $400,000 per hectare. The latest sales come as Zespri announced an acceleration in its...

Zespri lifts forecast for 2018 tray returns, boosts SunGold licence allocations

[19 October/New Zealand Herald] Zespri Group, the country’s statutory kiwifruit exporter, has raised its forecast for tray returns across all varieties in the 2018 financial year. Total fruit and service payment is now expected to be $1.39 billion in the year ending March 31 (previous forecast of $1.34b). The board has also signed off on...

New Zespri CEO Dan Mathieson in for the long haul

[12 October/ New Zealand Herald] New Zespri Chief Executive Dan Mathieson will continue to live in Singapore where he has been living for the past two years, and also maintain a presence at the kiwifruit co-operative’s base in Tauranga. Zespri, experiencing a growth phase, has reported revenues of $2.2 billion, and plans to reach $4.5...

New Zespri chief picks up reins

[29 September/ Farmers Weekly] Zespri’s 9-year Chief Executive Lain Jager has been replaced by Dan Mathieson. Mr Mathieson will be based in Tauranga and Singapore to balance the local, supply-focused challenges of growing more fruit in Bay of Plenty and supporting the market growth overseas due to the company’s Singapore marketing hub. Mr Mathieson was...

Zespri chooses head of sales Dan Mathieson as new CEO

 [25 September/ New Zealand] Zespri has appointed Dan Mathieson as its new Chief Executive. Mr Mathieson joined Zespri in 2003 and has worked in multiple roles primarily based in Asia. Mr Mathieson previously served as Zespri Global President of Sales and Marketing before accepting the new position. Chair Peter McBride said Mr Mathieson’s appointment is...

Zespri shareholders to vote for constitutional changes in March

[4 September/ Stuff] Zespri shareholders will vote in March 2018 on proposed changes to the constitution regarding how shares in the company are able to be held. Chairman Peter McBride said the changes would reduce the number of dry shareholders and stop producers becoming significantly over-shared. The recommendations include a maximum of four shares for...

Zespri takes action against grower its says broke rules sending kiwifruit to China

[25 August/Stuff: NZ Farmer] A New Zealand kiwifruit grower who allegedly distributed Zespri’s SunGold and Gold9 varieties to Chinese growers has had their license cancelled and they have been required to cut their vines off. Zespri Chief Operating Officer, Simon Limmer, said that there was the potential for Zespri to take a civil case against...

Seeka first-half profit climbs 56pc on improving Australian operations, wary on full year

[25 August/The Country] Seeka, the largest kiwifruit grower in Australasia, has reported first half profit up 56% on the prior year but expects a smaller crop will see earnings decline in the coming year. Half year profit at $11.1 million was achieved on largely unchanged revenues, but was bolstered by gains from the company’s Australian...