T&G Global to acquire domestic fresh produce division of Freshmax NZ

T&G Global to acquire domestic fresh produce division of Freshmax NZ

T&G Global Limited (formerly Turners and Growers), one of the largest fresh produce companies in New Zealand, has entered into an agreement to acquire the domestic fresh produce division of Freshmax NZ, to boost its New Zealand business and benefit growers,...

T&G announces CFO change

T&G announces CFO change

T&G Global today announced it will farewell its chief financial officer, Wolfgang Loose and welcome a replacement over the coming weeks. Wolfgang Loose will leave the business mid-November after nearly two years in his role. He joined T&G from BayWa, a...

T&G and Seeka reach agreement over kiwifruit operation and assets

T&G and Seeka reach agreement over kiwifruit operation and assets

T&G has reached an agreement regarding the sale of its Kerikeri-based kiwifruit orchards, packhouse facilities and assets to Seeka Limited. The agreement, valued at approximately $40 million will see Seeka purchase T&G’s post-harvest facilities in Kerikeri for...

T&G Global Limited Announces New Leadership Appointments

T&G Global Limited Announces New Leadership Appointments

The Board of T&G Global Limited (T&G) is pleased to announce the appointment of Mr Gareth Edgecombe as Chief Executive Officer (CEO). His commencement date is yet to be confirmed. Additionally, Mr Peter Landon-Lane has been appointed as Chief Operating Officer...

T&G Global confirms sale of processed foods business

T&G Global confirms sale of processed foods business

T&G Global Limited (T&G) has today entered into a conditional sale and purchase agreement for the sale of the major assets of its subsidiary ENZAFoods New Zealand Limited (trading as T&G Foods) to Cedenco Foods New Zealand Limited (“Cedenco”). Under the...

T&G continues growth path despite challenging year

T&G continues growth path despite challenging year

T&G Global Limited (T&G) had plenty to celebrate in its 120th year despite climatic challenges which impacted its overall business result and contributed to a reduced profit after tax of $22.6m, down 30% on the previous year. The Group reported over a billion...

Retirement of Deputy Chairman – Sir John Anderson

Retirement of Deputy Chairman – Sir John Anderson

T&G Global has announced that Sir John Anderson will retire from the Board of Directors, effective 14 December 2017. The highly respected New Zealand business leader was first appointed as a Director in April 2012, and as Deputy Chairman in December 2012. Over...

T&G Global Limited Considering Options To Exit Processed Foods

T&G Global Limited Considering Options To Exit Processed Foods

T&G Global Limited (T&G) announces that it is considering the potential sale of the business and/or assets of its food processing subsidiary ENZAFoods New Zealand Limited trading as T&G Foods. T&G’s strategy is to focus on its core business of growing,...

2017 Annual General Meeting

2017 Annual General Meeting

Speaking on behalf of Chairman Prof. Klaus Josef Lutz, Director John Wilson noted that the Company was this year celebrating 120 years in business. T&G had another very successful year in 2016, achieving record revenue of $872m, an increase of 7% on 2015. The...

New Board Appointment at T&G

New Board Appointment at T&G

The Board of T&G Global Limited (T&G) is pleased to announce the appointment of a new Director, Mr Mau Wah Liu. Mr Liu has more than 30 years of extensive experience in the produce industry and enterprise management. In 1998, he founded Golden Wing Mau...

T&G GLOBAL ACHIEVES 67% INCREASE IN PROFIT AFTER TAX

T&G GLOBAL ACHIEVES 67% INCREASE IN PROFIT AFTER TAX

HORTICULTURE LEADER ON TRACK TO ACHIEVE NZ$2 BILLION REVENUE BY 2022 T&G Global Limited and its subsidiary companies (T&G Global) achieved a profit after income tax of $32.4 million for its 2016 financial year (January to December), a 67 per cent increase on...

T&G Global announces half-year result

T&G Global announces half-year result

T&G Global announces half-year result  T&G Global Limited is pleased to announce a profit after tax for the first six months of 2016 of $22.7m, compared to $12.0m in the first six months of 2015. T&G achieved revenue of $423 million for the six months...

Sale of T&G’s crate business to Pact

Sale of T&G’s crate business to Pact

T&G Global Limited (T&G) is pleased to announce that it has agreed to sell its crate hire business, trading as the Fruit Case Company (FCC), to PACT Group Limited (Pact) for $21M (subject to completion adjustments). The assets being sold have a value in...

Turners & Growers Announces The Acquisition Of Apollo Apples Ltd

Turners & Growers Announces The Acquisition Of Apollo Apples Ltd

Turners & Growers Limited announced today the proposed acquisition of Hawkes Bay-based Apollo Apples for an initial payment of NZ$36.05million. The acquisition of Apollo, which grows, packs and exports approximately 1.4m cartons of apples every year and owns or...

Turners & Growers announces new growth strategy

Turners & Growers announces new growth strategy

Turners & Growers has announced a new blueprint to generate further growth for the company and drive improvements for growers, customers and consumers.  The company, New Zealand’s leading distributor and marketer of fresh produce, has launched a new corporate...

2012 Annual General Meeting

2012 Annual General Meeting

The 91st Annual Meeting of Turners & Growers Limited was held at the Waipuna Hotel and Conference Centre on Thursday 28th June  at 2:00pm. The speaking notes from the Turners & Growers CEO, Chairman and Director are available for download  here - Klaus Lutz...

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