Recent Posts

Warehouse buys unprofitable Noel Leeming chain from Gresham for $65M

Warehouse Group, the country’s biggest listed retailer, bought consumer electronics and appliance chain Noel Leeming Group for $65 million from Gresham Private Equity. The Auckland-based retailer’s acquisition will be completed today and is expected to add to the company’s earnings immediately, contributing between $4 million to $6 million to earnings before interest and tax in the six months ended Jan. …

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Wellington old boys team takes majority stake in boutique syrup-maker, Shott Beverages

A consortium of Wellington business brahmans, including former top executives at Brierley Investments, has taken a majority share in fast-growing syrups maker Shott Beverages, with the intention of expanding its production and export sales. The investing group, Beverage Holdings Ltd, is led by former Brierley executive Andrew Meehan and comprises the same team as bought the pet food brand, Masterpet, …

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Warehouse buys unprofitable Noel Leeming chain from Gresham for $65M

Warehouse Group, the country’s biggest listed retailer, bought consumer electronics and appliance chain Noel Leeming Group for $65 million from Gresham Private Equity. The Auckland-based retailer’s acquisition will be completed today and is expected to add to the company’s earnings immediately, contributing between $4 million to $6 million to earnings before interest and tax in the six months ended Jan. …

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