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Hunter’s Corner
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How Comvita painted itself into a corner

ANALYSIS: Shareholders may not like the buyout offer on the table but the company has left them few choices.

Analysts estimate there are several years’ worth of excess manuka honey inventory in New Zealand.

Tim Hunter Fri, 07 Nov 2025

Next Friday we’ll know if another listed company is to disappear from the NZX.

The target this time is honey company Comvita, subject of a buyout bid from canny investor Mark Stewart.

Quite a few people are not keen to see it go, not least Comvita’s co-founder Alan Bougen, who has labelled the

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Tim Hunter Fri, 07 Nov 2025
Contact the Writer: thunter@nbr.co.nz
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How Comvita painted itself into a corner
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