31st January 2024 Riverland Foods / Ziwi
The ex-Ziwi bosses are back in the game, leading a new pet food business founded to break the log-jam global clients face accessing NZ-made product.
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 private equity-owned pet food company is adding the largest freeze-drying operation in the
Southern Hemisphere to its operations.
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.
© 2024 Business Media Network Ltd
Website by Webstudio