BDO has entered agreements to sell assets, but doesn’t expect the bank to recoup the full amount owing to it.
A Central Otago orchard has installed the Hawke’s Bay manufacturer’s first electric frost fan.
The overnight auction broke nine consecutive declines after a negative end to 2025.
Willie Wiese leaves Alliance after eight years, including almost three years as chief executive.
Some growers also worry whether it’s on the right flight path.
Private equity firm Adamantem Capital to invest in merged entity.
The New Zealand Hemp Industries Association says it’s a landmark decision for the industry.
Growers will be able to buy hectare licenses from next year.
The liquidation of a large Rockit orchard in Hawke’s Bay follows another large Rockit partnership becoming insolvent in October.
‘When others are making excuses, we’re showing that it’s not all doom and gloom in this industry,’ CEO James Annabell says.