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Business Scoop provides news and views on Business and Markets from New Zealand

Business Scoop provides news and views on Business and Markets from New Zealand

Lain Jager and Ken Forrest are the new independent directors on the board. Tue, 15 Jun 2021 Lain Jager. Lain Jager and Ken Forrest have been appointed to the board of Carrfields Ltd as independent directors. Jager is a highly experienced professional in New Zealand primary industries with vast experience in the food and fibre sector, including a long tenure as chief executive of kiwifruit marketer Zespri from 2008 to 2017. His appointment is in line with Carrfields’ strategy to boost investment into its food and fibre divisions, Carrfields managing director Craig Carr said. ...

Private equity fund Origin Capital buys first kiwifruit orchards after raising $69m 15 Feb, 2021 01:45 AM 3 minutes to read NZ Herald Origin Capital - New Zealand's first private equity fund aimed at investing in the kiwifruit sector - has already started investing, having just raised $69 million in its first fundraising round. The fund, set up by a group of past and present Zespri insiders, aims to raise up to $100m to buy existing kiwifruit orchards, or to build new ones, focusing exclusively on the Sungold variety. Read More About 60 per cent of Origin Capital Partners' p...

Exclusive investment in SunGold kiwifruit orchards An extra $50 million to $100 million of investment is set to enter the kiwifruit industry, and Gisborne is earmarked for about a third of that. The private equity fund, established by origin Capital Partners, which comprises of Paul Jones (Zespri deputy chair), Lain Jager (ex-Zespri chief executive), Craig Greenlees (ex-Zespri chair) and Dominic Jones (ex-banker), will invest exclusively in SunGold kiwifruit orchards. The fund already purchased three properties, two of which were in Gisborne. Origin Capital Partners managing partner Dominic J...