22nd January 2024 Moana NZMoana New Zealand has seen its net profit tumble 70% to $3.5m in 2023, with rising costs and falling demand compounded by red ink in some operations.
31st October 2023 Moana NZ / SanfordSanford has confirmed the $125m-plus sale of its inshore fishing business to Moana New Zealand has gone unconditional, and will likely settle today.
11th October 2023 Moana NZ / SanfordMoana’s $125m-plus deal with Sanford was brokered in a very different economic environment, so how will the iwi-owned business navigate the current volatility?
13th September 2023 Moana NZ / SanfordThe green light for the 10-year ACE lease makes Moana the largest inshore fishing business in the country.
28th July 2023 ComCom / Moana NZThe watchdog is looking closer into whether the deal would lessen competition.
13th June 2023 ComCom / Moana NZ / SanfordThe watchdog will be running a fine-tooth comb over all parts of the domestic supply chain for fresh fish as part of Moana New Zealand’s proposed $125m-plus Sanford deal.
30th May 2023 Moana NZ / SanfordA proliferation of competitors, the fragmented nature of the market, and the power of supermarket buyers would constrain Moana’s behaviour and preserve competition should the deal go through, states a report.
23rd May 2023 Moana NZ / SanfordThe CEO tells the Ticker that the scale-up will enable the iwi-owned business to unlock investment in innovation across its whole supply chain.
22nd May 2023 Moana NZ / SanfordThe proposed long-term arrangement turns the profit-dragging operations into a lower-risk revenue stream, says Sanford CEO Peter Reidie.
19th July 2022 Moana NZ / Subscriber ContentThousands of fish were lost after a Sealord marine farm at Tasmania suffered a spike in water temperature.
2nd November 2021 Moana NZ / PeopleMāori Fisheries Trust Te Ohu Kaimoana and Moana New Zealand have appointed two new directors to the Moana New Zealand Board.
17th June 2021 Moana NZThe fisheries company expects to come in ahead of $26m full year profit guidance despite disruption at Sealord.
