Matthew Olde, who helped manage MightyRiverPower’s IPO, has been tapped by the government-controlled energy provider to become chief executive of its Metrix metering business. The Auckland-based company is targeting growth through its Metrix service, which provides electricity retailers and companies with ‘smart’ meters, and is currently New Zealand’s second largest provider of meters, MRP said in a statement. Olde has …

Morrison & Co, the Wellington-based investment manager that founded Infratil in 1994, says clients taken on since then are potential partners of the listed fund and provide a wider scope for assessing business opportunities. Morrison & Co Infrastructure Management was paid a management fee of $19 million by Infratil for the year ended March 31, down from $19.7 million a year …

Knauf, the German building materials company, failed to get Fletcher Building’s use of the “Batts” trade mark for building insulation thrown out on the grounds that it is a common name in general public use. In a 113-page High Court judgement, Justice Brendan Brown refused a request to revoke the trade mark, although he limited Fletcher’s claim of infringement of …