NZ Herald: New Fund Announced - Direct Capital V

Liam Dann, NZ Herald: Private equity investor Direct Capital is on the hunt for acquisitions after raising $375 million for its latest fund.

Despite private equity typically being associated with high-net worth investors, every New Zealander will have a stake in the buying decisions founder Ross George and his team make.

This capital, like much of the $1.2 billion the company has raised since it started in 1994, has come from New Zealand's biggest institutional investors, George said.

NZ Herald: Scales' Golden Apples

Initial public offers put up by private equity firms generally attract a fair degree of scepticism, but the doubters have been proven wrong in Scales Corporation's case.

Scales, the apple grower, logistics and coolstores firm, has seen its share price rally from $1.74 a year ago to close at $3.30 yesterday - a 89.7 per cent gain.

Commerce Commission Draft Determination Authorising Merger

Cavalier Wool Holdings (CWH) is pleased with today’s release by the Commerce Commission of its draft determination in respect of the proposed merger between CWH and the scouring subsidiaries of New Zealand Wool Services International.

The proposed merger will consolidate the New Zealand wool scouring industry; right-sizing it to meet current wool volumes and ensure an efficient and world-class scouring industry is retained in New Zealand. 

Ora King Salmon Rated "Best Choice" by Monterey Bay Aquarium’s Seafood Watch

Premium New Zealand Ora King salmon has been recognized as one of the world’s most sustainable.

Following a year-long assessment process, a report released today (Feb. 16) by Monterey Bay Aquarium’s globally respected consumer guide Seafood Watch® has rated New Zealand’s marine-farmed salmon, including Ora King salmon, as “Green”, meaning it is a “Best Choice” for consumers.

PF Olsen Signs MOU in the Presence of Chinese President Xi Jinping and NZ Prime Minister John Key

PF Olsen had the honour to be involved in the recent visit of Chinese President XiJinping to New Zealand. PF Olsen's involvement was two-fold. In one capacity, Peter Clark (PF Olsen's CEO) attended a NZ China Council meeting with President Xi, followed by a gala lunch in Auckland on Friday 21st November in his capacity as a member of the NZ China Business Council. The day before in Wellington, Peter executed a Memorandum of Understanding (MOU) with the China National Corporation and the China Development Bank. The MOU establishes a basis for cooperation for Chinese investment in forestry and for greater access to the vast China market.