Food and drink industry appointments and people moves for the week to 8 December.
The company is forecasting profit of up to $35m in 2024 – double that of this year’s guidance – as it leaves the impacts of Cyclone Gabrielle behind and leverages the global pet food boom.
Ebos Group is no longer in talks over a potential purchase of Australian vet and pet group Greencross.
Ebos has been granted a trading halt extension until market open on Tuesday, 21 November 2023.
Dual-listed Ebos Group is in NZX and ASX trading halts following it being linked to the purchase of TPG Capital-backed pet and vet group Greencross.
Ebos is bedding in Superior Pet Food Company to its animal care portfolio after buying the Wairarapa business for $83.8m.
Addiction Pet Foods’ New Zealand operation has been ordered to pay more than $220,000 following the amputation of an employee’s finger.
Privately owned pet food and confectionery company Mars has issued a fresh set of net-zero pledges, including a new 2030 target.
Healthcare and pet products company Ebos added 23% to its underlying net profit after tax to deliver a record result of $281.8m.
The agribusiness builds up its global proteins division by planting a flag in Europe with partner Esro.
Pet supplement specialist Newflands looks to break into foodservice with a unique new product for both pets and humans.
Christchurch biotechnology company PharmaZen says it has successfully filled 15 vacancies this year, which will help it overcome a poor first half of FY23 due to labour shortages.
Scales Corporation has global ambitions for its pet food division, managing director Andy Borland told shareholders at the agribusiness’ annual shareholders meeting, including expanding into Europe.
The premium pet food brand founded by former Icebreaker supremos Jeremy Moon and Rob Achten secures national ranging across Australia.
The ANZ pet sector deal gets the green light from NZ’s competition watchdog but is still waiting for a decision from Australian regulators.
Scales says it is expanding its pet food and ingredients capacity in the US following strong growth in the global proteins market.
Early-stage raw dog food company Huntaway is planning to hub its wild venison product in the centre of the US and use four regional distribution centres.
The Competition Commission has published its statement of preliminary issues relating to grocery group Woolworth’s proposed purchase of Australia’s Petspiration Group.
A record performance from its global proteins division has more than offset challenging horticulture sector conditions, pushing through a solid full year result at Scales Corporation.
Australasia’s Ebos benefits from a strong pet food market, while Just Life grapples with wage, cost and interest inflation.
Woolworths’ has filed a clearance application with the Commerce Commission as part of its proposed $619m Petspiration purchase.
Emily Dowling joins from Mars Petcare following the resignation of Pete Simmons after sixteen years with the group.
A NZ firm aiming for a slice of the US$71bn global dried foods market is live with a capital raise to kick-start development of a network of innovative toll-drying hubs around the globe.
The acquisition of the Australasian pet retailer has been funded by the supermarket group’s Endeavour exit.
“The pet aisle was pretty backward – it was ready to be premiumised and we thought we could do it,” says Animals Like Us founder Rob Achten.
Dual-listed animal and healthcare company Ebos has set a deadline to start its sustainable packaging journey by 2025 at the latest.
The pet food company’s first accounts since its $1.5bn takeover reveal just how much revenue it generates, and which costs have jumped by close to 50%.
Private equity-owned pet food company Ziwi has been cleared to buy Hastings-based Freeze Dried Foods NZ and its subsidiary Kiwigarden.
The pet food business looks to capitalise on the boom in pet ownership with the launch of the Oscar cat food brand in NZ.
The Christchurch-based diversified agribusiness invests in pet food processing and edible by-products operations in Australia.
The private equity-owned pet food company is adding the largest freeze-drying operation in the
Southern Hemisphere to its operations.
Ongoing global demand for petfood saw global protein division earnings jump 88%, offsetting a drop in horticulture earnings.
Ebos has turned in full year revenue of $10.7bn – the first time it has breached the $10bn mark – representing a 16.6% rise on 2021 with petfood helping the cause.
New Zealand pet food startup Gourmate Pet Treat Co is now a Certified B Corporation.
Healthcare and pet food company Ebos Group says a growing pet population and the premiumisation of products will help support its pet food business.
The company’s food ingredients business saw FY21 earnings jump 52%.
Strong sales of its premium pet food brands has boosted revenue at Ebos Group’s animal care division.
The multinational hikes prices on a range of food products, joining a number of peers moving to offset rising commodity and supply chain costs.
The company says it can’t keep up with booming demand for its treats and plans to launch into the larger format pet food market.
Healthcare and animal care company Ebos Group says its new A$80m pet food factory will soon start manufacturing its Black Hawk products.
Law firm Simpson Grierson’s latest M&A report puts a value of US$1.057bn on FountainVest Partners’ purchase of NZ pet food company Ziwi Peak – the third largest New Zealand deal this year.
The Coromandel startup hit the market with a dual launch in Singapore and NZ four years ago, but it’s the US where it’s now going for growth.
Healthcare and animal care company Ebos Group has appointed Julie Dillon the chief executive of its animal care business.
The sale to the Chinese private equity firm provides the pet food business with access to capital and global market intelligence.
Chinese private equity players FountainVest and Boyu have been linked to $1bn-plus bids for Ziwi.
Kiwi petfood company Fond Foods is changing its name to Superior Pet Food Co from 1 September.
NZ Natural Pet Food Company founders Amber Cordero and Jacqueline Taylor are among four finalists from the food sector.
The premium pet food exporter is preparing to develop a second plant and piquing interest from overseas investors.
The CEO says global investor KKR will accelerate the premium pet food firm’s international expansion.
The deal sees Pioneer Capital exit and the food company fuelled to grow globally.
Royal Canin has launched a recycling programme to reduce the environmental impact of pet food bags and pouches.
Purina Pro Plan has launched a new allergen-reducing cat food into the New Zealand market.
Significant investment has set the scene for global demand for insect ingredients, says Rabobank.
Pet food manufacturer Royal Canin has partnered with Healthy Pets NZ as its first Human-Animal Bond Partner.