Recent Posts

Golden State acquires Wellington-based Groenz, adding sauces, condiments

Golden State Foods, the biggest US supplier of ingredients to fast-food giant McDonald’s, has bought Wellington-based Groenz Group, adding sauces and condiments to a range that includes the original Big Mac sauce. No price or financials were disclosed in the statement from Irvine, California-based Golden State, which services more than 25,000 fast-food outlets around the world for some 50 companies. …

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Guilty pleas from Australia-based Capital + Merchant directors

Capital + Merchant Finance directors Robert Sutherland and Colin Ryan have both pleaded guilty to charges of making untrue statements in offer documents and will be sentenced in Auckland next month. The Australia-based pair admitted two charges of making an untrue statement in a registered prospectus and one charge of distributing advertisements which included an untrue statement, market watchdog the …

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Barfoot’s Auckland property listings jump 40 percent , average price slips

Auckland real estate firm Barfoot & Thompson’s new listings more than doubled in January from December while the average sale price fell, suggesting the city’s overheated property market is luring more sellers. Auckland’s biggest real estate firm listed 1,440 properties in January, the highest for that month in five years and up 40 percent from January 2012. The firm had …

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