Posts tagged "Zespri"

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...

Kiwifruit exporter enters Orange County

[28 July/ Rural News Group] Zespri has opened its regional office in Orange County, California to manage increasing sales across America. Zespri Chief Executive Lain Jager said a majority of the growth came from the new gold variety Zespri SunGold Kiwifruit. Mr Jager said the New Zealand kiwifruit industry is expected to more than double...

Changes for kiwifruit rules announced

[20 July/ NZ Herald] The Minister for Primary Industries announced that Cabinet had approved amendments to the Kiwifruit Export Regulations 1999. This follows a substantial review of the regulations undertaken by the Ministry for Primary Industries after the Kiwifruit Industry Strategic Plan process and report. The new amendments will allow Zespri shareholders to consider setting...

Big kiwifruit growth plans for Maori

 [7 July/ Rural News Group] Maori Kiwifruit Growers Forum Chairman Tiaki Hunia said there is an ambitious goal to increase the percentage of total kiwifruit production coming from Maori kiwifruit orchards from 8 percent to 20 percent. Mr Hunia said this growth could come from new developments or mergers or acquisitions. Mr Hunia noted a...

Kiwifruit industry to create 29k jobs 2030

 [27 June/ NZ Herald] A new research report prepared by Waikato University for Zespri suggests that the kiwifruit industry will create 29,000 jobs and contribute $3.5 billion a year to New Zealand’s GDP by 2030.  The report which analysed the economic impact of the industry on the Bay of Plenty and Northland regions as well...

Zespri chief Lain Jager named top communicator

[15 June/ Stuff] Zespri Chief Executive Lain Jager was named the Ravensdown Agricultural Communicator of the Year and will give his $2500 prizemoney to the Child Cancer Foundation. The award recognises those who make a significant contribution to the sector and the role they play in making New Zealand world leaders in primary production. Mr...

Kiwifruit growers all smiles after record Zespri sales

 [26 May/ Stuff] Zespri’s 2016-17 kiwifruit season has yielded a record crop achieving record sales worth $2.26 billion. Zespri produced an after-tax profit doubling to $73.3 million. A record 137.7 million trays helped increase sales, and grower returns to an average $68,868 per orchard hectare. Zespri global fruit sales revenue rose 19 percent to compared...