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  News   Covid-19   Opinion
Saturday 21 May 2022

Honey & VMS

Apiculture NZ flags World Bee Day
19 May 2022   /

Apiculture NZ flags World Bee Day

Building a better future for bees is the focus of this year’s World Bee Day on Friday 20 May, says Apiculture New Zealand.


Comvita holds FY earnings guidance at $27m-$30m
12 May 2022   /

Comvita holds FY earnings guidance at $27m-$30m

Comvita has reported an unaudited EBITDA of $23.9m – around 93% of FY21 full year actuals – in a market update on its performance for the 10 months to the end of April.


Employment Court finds Gloriavale leavers employees
11 May 2022   /

Employment Court finds Gloriavale leavers employees

The Employment Court has found three former Gloriavale commune members on the West Coast were employees not volunteers at the registered charity which has F&B ventures.


Food Moves: Seeka CFO, Comvita CTO, account managers at PepsiCo, Dairyworks, FrucorSuntory and more…
6 May 2022   /

Food Moves: Seeka CFO, Comvita CTO, account managers at PepsiCo, Dairyworks, FrucorSuntory and more…

Food and beverage sector appointments and people moves for the week to 6 May 2022.


Food Moves: Comvita, Zespri and Woolworths NZ’s senior marketing movers and more…
29 Apr 2022  

Food Moves: Comvita, Zespri and Woolworths NZ’s senior marketing movers and more…

Food and beverage sector appointments and people moves to the week of 29 April.


Holy Cow choc coated honeycomb recall
26 Apr 2022  

Holy Cow choc coated honeycomb recall

The Cruelty Free Shop is recalling a batch of Holy Cow brand Golden Crunch vegan honeycomb coated in dark chocolate due to incorrect labelling about the presence of an allergen, namely milk.


Apiculture NZ secures funding for honey sector strategy
22 Apr 2022   /

Apiculture NZ secures funding for honey sector strategy

Apiculture New Zealand has successfully secured funding from the Ministry for Primary Industries’ Sustainable Food and Fibre Futures fund, for a two-year project that will help identify how sector can achieve sustainable growth.


Comvita x Microsoft mixed reality goes to Asia
19 Apr 2022   /

Comvita x Microsoft mixed reality goes to Asia

Comvita’s mixed reality Mānuka honey tasting experience, developed in partnership with Microsoft, is set to become part of everyday trading at some Asia stores, following a showcase of the retail technology at New Zealand Expo in Dubai.


Business awards gongs for Auckland F&B
4 Apr 2022   /

Business awards gongs for Auckland F&B

Manuka honey manufacturer Wilderness Valley was the People’s Choice winner at the Westpac Auckland Business Awards 2021 south and east region.


HVN pledges $980k for new honey research
1 Apr 2022   /

HVN pledges $980k for new honey research

The High-Value Nutrition National Science Challenge is contributing $980,000 into a Plant & Food Research led programme looking at native honey and what appeals to consumers.


Comvita steps up to Save the Kiwi
29 Mar 2022   /

Comvita steps up to Save the Kiwi

Comvita has teamed up with Save the Kiwi in what it describes as a “significant sponsorship agreement” that will ultimately provide safe habitat for the iconic birds across the North Island.


Oceania Natural shareholders fined for market manipulation
25 Mar 2022   /

Oceania Natural shareholders fined for market manipulation

Two shareholders in Oceania Natural have been fined a combined $310,000 after they admitted to charges of market manipulation and disclosure breaches..


CGF, Me Today issues new shares in capital raises
23 Mar 2022   /

CGF, Me Today issues new shares in capital raises

Auckland-headquartered international coffee chain Cooks Global Foods has issued 80,989,340 new shares at 3 cents each totalling $2.43m following a shortfall from its rights issue last year.


Shareholder questions “serious errors” in Me Today’s $36m King Honey deal
18 Mar 2022   /

Shareholder questions “serious errors” in Me Today’s $36m King Honey deal

The healthcare and wellness company has had to turn to its investors for cash after being surprised by inventory levels after its acquisition of King Honey.


More than 100k hives lost in winter 2021 – Biosecurity NZ
17 Mar 2022   /

More than 100k hives lost in winter 2021 – Biosecurity NZ

Biosecurity New Zealand’s annual Winter Colony Loss survey shows 13.6% of hives were lost in 2021, up 2.3% on the previous year because of growth in varroa mite and related complications.


SeaDragon secures new $500k loan agreement
7 Mar 2022   /

SeaDragon secures new $500k loan agreement

SeaDragon has secured a new loan agreement of $500,000 from majority shareholder Pescado Holdings, as well as pushing out the repayment date of an existing loan facility.


Me Today seeks $6m raise approval after “disappointing” King Honey projections
2 Mar 2022   /

Me Today seeks $6m raise approval after “disappointing” King Honey projections

Me Today Group has called a special meeting for Friday 18 March to seek approval from shareholders for a $6m placement of additional share capital.


Falkenstein’s Just Life feels Auckland pinch
25 Feb 2022  

Falkenstein’s Just Life feels Auckland pinch

Tony Falkenstein’s Just Life Group has reported a lower net profit of $1.57m in the six months ended December because of Auckland’s extended lockdown.


Dietary supplement regulatory reform needed – NZHP
25 Feb 2022   /

Dietary supplement regulatory reform needed – NZHP

New Zealand Health Products says regulatory reform is needed to fix “badly broken dietary supplement rules.”


Comvita hits acquisition trail, no dice on first target
24 Feb 2022   /

Comvita hits acquisition trail, no dice on first target

The company says it wants to consolidate ownership of the mānuka honey sector to generate operating leverage and drive “higher category standards”.


The Perry Group seeks scale with mānuka honey acquisition
16 Feb 2022   /

The Perry Group seeks scale with mānuka honey acquisition

The investor expands its new mānuka honey platform with the addition of a second business.


Egmont Honey targets US for new retail sweet spot
14 Feb 2022  

Egmont Honey targets US for new retail sweet spot

The Taranaki company is “making good headway” with its plan to meet a growing appetite for mānuka honey in the US, says CEO James Annabell.


Latest listed: T&G guidance jumps on $80m sale, Blis books Q3 loss
11 Feb 2022   /

Latest listed: T&G guidance jumps on $80m sale, Blis books Q3 loss

T&G Global says its group profit for the 2021 financial year is now forecast to be between $12.5m – $14.5m, up from its October guidance of $4m – $10m.


Food recalls after salmonella threat
10 Feb 2022   /

Food recalls after salmonella threat

There are two recalls because of the threat of salmonella.


Young Kiwis shine in food and beverage
8 Feb 2022  

Young Kiwis shine in food and beverage

Canterbury-based Alyssa Wilson has scooped the Apiculture New Zealand Ron Mossop Youth Scholarship in beekeeping.


NZ honey sector to appeal manuka honey ruling
4 Feb 2022  

NZ honey sector to appeal manuka honey ruling

New Zealand’s honey sector is appealing a UK Intellectual Property Office decision that declined a manuka honey trademark application.


Honey production down, exports up
3 Dec 2021   /

Honey production down, exports up

New Zealand’s national honey production in the 2020-21 season was down 24% on the previous season to 20,500 tonnes, according to the Ministry for Primary Industries.


Just Life hires former DB marketing manager
2 Dec 2021   /

Just Life hires former DB marketing manager

Tony Falkenstein’s Just Life Group has appointed Luan Howitt general manager of its new healthy homes division. Howitt is a former marketing manager for DB Breweries and Pernod Ricard and MORE »


Me Today forced to raise $6m after King Honey inventory surprise
29 Nov 2021   /

Me Today forced to raise $6m after King Honey inventory surprise

The healthcare and wellness company turns to shareholders to stump up funds because of “cashflow pressure” following its King Honey acquisition.


Jeuneora hits $3.5m cap raise target
26 Nov 2021   /

Jeuneora hits $3.5m cap raise target

New Zealand beauty and supplement company Jeuneora has closed its capital raise after hitting its maximum target of $3.5m.


Pāmu products to launch in Vietnam
26 Nov 2021   /

Pāmu products to launch in Vietnam

Pāmu Farms has signed a deal with distributor Ciels that will see a range of premium nutritional supplements sold in Vietnam in the new year.


Just Life, Synlait appointments
24 Nov 2021  

Just Life, Synlait appointments

Just Life Group has hired Graeme Read to be its chief financial officer.


New Zealand’s dulce de leche spreads wings
18 Nov 2021   /

New Zealand’s dulce de leche spreads wings

Milk and honey spread brand Onetai has landed in Asia and the Pacific but wants domestic sales to be the “foundation of the business”.


Blis suffers US sales hit in $1.8m interim loss
18 Nov 2021   /

Blis suffers US sales hit in $1.8m interim loss

Probiotics firm Blis Technologies has reported an interim loss of $1.80m for the six months to September 2021, down 268% on the $1.07m profit it made for the same period last year.


Record sales for Comvita on China’s Singles Day
17 Nov 2021   /

Record sales for Comvita on China’s Singles Day

Mānuka honey company Comvita said it recorded record sales in line with its forecasts for November’s Singles Day or 11:11 – the world’s biggest shopping event and key event in its focus growth market of China.


Just Life Group confirms final dividend
16 Nov 2021  

Just Life Group confirms final dividend

Tony Falkenstein’s Just Life Group will pay a final dividend of 1.4 centre a share for the year ended 30 June 2021.


Ngāi Tahu’s food numbers: Seafood strong, honey and beef improving
11 Nov 2021  

Ngāi Tahu’s food numbers: Seafood strong, honey and beef improving

The iwi’s seafood business sees operating profit leap 37%, offsetting a poor FY21 for honey and farming.


SeaDragon secures $1.5m facility from majority shareholder
2 Nov 2021   /

SeaDragon secures $1.5m facility from majority shareholder

Omega fish oils refiner SeaDragon says it has signed a new secured loan agreement of up to $1.5m with its majority shareholder, Pescado Holdings.


Covid health boom fuels Nuzest Life
19 Oct 2021   /

Covid health boom fuels Nuzest Life

The pandemic has delivered the supplement and health food firm new consumers who have pushed up global revenue by 50%.


Zealandia Honey’s $8,888 limited release
19 Oct 2021   /

Zealandia Honey’s $8,888 limited release

Is it food or is it art? Either way, a jar of Mars ZH21 could be yours for a cool $8,888.


Comvita signals ‘strong’ Q1 earnings
12 Oct 2021   /

Comvita signals ‘strong’ Q1 earnings

Comvita has reported its first quarter EBITDA improved by 10.6% compared with Q1 last year.


Just Life warns of lockdown impacts
11 Oct 2021   /

Just Life warns of lockdown impacts

Tony Falkenstein’s Just Life Group says Auckland’s ongoing lockdown will affect the company’s results.


Just Life expands supplements footprint
7 Oct 2021   /

Just Life expands supplements footprint

Tony Falkenstein’s Just Life Group has acquired supplements maker Intenza New Zealand. 


Comvita launches Expo 2020 experience
7 Oct 2021   /

Comvita launches Expo 2020 experience

Mānuka honey exporter Comvita has launched an immersive experience at Expo 2020 Dubai to bring bees, people and nature together.


Sweet success for researchers seeking cause of Unique Mānuka Factor
30 Sep 2021   /

Sweet success for researchers seeking cause of Unique Mānuka Factor

New research that has found how mānuka flowers create the Unique Mānuka Factor in honey could help New Zealand producers.


Me Today warns of lower King Honey sales after China inventory surprise
24 Sep 2021  

Me Today warns of lower King Honey sales after China inventory surprise

The healthcare and wellness company says sales of King Honey product will be “considerably less” than expected.


SeaDragon pivot drives push into ingredients, functional foods, packaging
20 Sep 2021   /

SeaDragon pivot drives push into ingredients, functional foods, packaging

The omega fish oils refiner says new food ingredients and white label products are about to launch following its pivot to higher value oil sales.


How Comvita’s ‘unique’ model helped drive its $19m turnaround
16 Sep 2021   /

How Comvita’s ‘unique’ model helped drive its $19m turnaround

Comvita has released its annual report and its full of insight about how the company sees its operations and markets, including an extensive Q&A with board chair Brett Hewlett and chief executive David Banfield.


Comvita, Scales make director changes
14 Sep 2021  

Comvita, Scales make director changes

Manuka honey exporter Comvita has appointed a trio of new board directors, namely Bridget Coates, Yawen Wu and chief executive David Banfield.


Plant & Food secures $20m from Endeavour Fund
10 Sep 2021   /

Plant & Food secures $20m from Endeavour Fund

The cash included $14.5m for a new research programme to help develop New Zealand’s horticultural sector to prepare for climate change.


Comvita wants to win over US with celeb-backed brand
7 Sep 2021   /

Comvita wants to win over US with celeb-backed brand

Developing a skincare brand means the honey company can promote the benefits of both mānuka and propolis to raise awareness in the US.


Comvita launches share buy-back scheme
2 Sep 2021   /

Comvita launches share buy-back scheme

Manuka honey supplier Comvita says it will acquire up to 350,000 of its shares, which are currently trading at about $3.65.


Falkenstein’s JLG lifts profit 13%
31 Aug 2021   /

Falkenstein’s JLG lifts profit 13%

Tony Falkenstein’s Just Life Group has reported net profit of $3.3m for the year to June 2021, up 12.9% on the previous period.


Sportsfuel acquires Nothing Naughty
27 Aug 2021   /

Sportsfuel acquires Nothing Naughty

Sports nutrition retailer Sportsfuel has bought health food manufacturer Nothing Naughty.


Comvita posts $9.5m profit, resumes dividend
26 Aug 2021   /

Comvita posts $9.5m profit, resumes dividend

A turnaround is taking hold at the honey company, which is focussed on growth in the world’s two biggest honey markets, China and the US.


SeaDragon ditches CEO role, Nevin moves to COO
17 Aug 2021   /

SeaDragon ditches CEO role, Nevin moves to COO

The news follows Bryan Mogridge’s appointment as executive chair of the omega fish oils refiner.


Comvita’s Wellness Lab shortlisted for design gong
17 Aug 2021  

Comvita’s Wellness Lab shortlisted for design gong

Comvita’s Wellness Lab in Auckland has been shortlisted in the New Zealand Best Design Awards 2021.


Low hanging F&B opportunities in UAE – NZTE research
16 Aug 2021   /

Low hanging F&B opportunities in UAE – NZTE research

The United Arab Emirates presents a fertile market for New Zealand food and beverage exports particularly for fruit and honey products, according to new research from New Zealand Trade and Enterprise.


PharmaZen profit tumbles
9 Aug 2021   /

PharmaZen profit tumbles

Operating costs skyrocketed at the nutritional ingredient manufacturer during the six months to June.


Health food firm hit with $377k fine
5 Aug 2021  

Health food firm hit with $377k fine

NZHFC made representations such as “100% New Zealand” knowing the royal jelly ingredient was from China, finds a court.


Happy Cow launches capital raise, Hunt and Gather secures funds
13 Jul 2021  

Happy Cow launches capital raise, Hunt and Gather secures funds

Described as a milk factory in a box, Happy Cow Milk Company, has today launched its second capital raise as it looks to scale-up its prototype into paddocks and retailers around the country.


SeaDragon hits rough water, plans to stay the course
5 Jul 2021  

SeaDragon hits rough water, plans to stay the course

SeaDragon bosses remain committed to a turnaround at the omega-3 oil producer despite “unsatisfactory” full year results.


Honey exports on track for 13% growth
5 Jul 2021  

Honey exports on track for 13% growth

Honey exports are on track to rise 13% to $480m in 2020-21 according to MPI’s latest Situation and Outlook for Primary Industries.


Bangers, burgers and bees – food industry winners take a bow
30 Jun 2021  

Bangers, burgers and bees – food industry winners take a bow

From established names like chocolatier Whittaker’s and honey specialist Comvita through to hemp meat trailblazer, Plan*t, NZ food producers have been recognised in a raft of awards this week – but not always for their food.


Apiculture NZ crowns national honey competition winners
29 Jun 2021   /

Apiculture NZ crowns national honey competition winners

Timaru-based Jarved Allan of 100% Pure New Zealand Honey took home the supreme award at Apiculture New Zealand’s National Honey Competition.


Me Today shareholders sign off $36m King Honey deal
28 Jun 2021   /

Me Today shareholders sign off $36m King Honey deal

Me Today shareholders have approved the $36m purchase of King Honey with an overwhelming 99.99% vote in favour.


NZ triumphs at Black Jar honey contest
14 Jun 2021  

NZ triumphs at Black Jar honey contest

New Zealand honey company Manawa Honey has won the grand prize at the 10th Black Jar Contest.


Egmont Honey launches health range into Coles
31 Mar 2021   /

Egmont Honey launches health range into Coles

Egmont Honey is launching its health supplements range, Egmont Health, into Australasian retailer Coles.