Miraka sold after facing liquidation

Te Ao Māori

3 mins to read

Key points

What’s at stake: Survival of Miraka, which faced liquidation under $36m BNZ debt.
Background: Founded in 2010, Miraka was NZ’s first Māori-owned geothermal-powered processor but had not paid dividends for years.
Main players: Seller Tūaropaki Trust and Wairarapa Moana Incorporation; buyer Open Country, owned by Talley’s.

Miraka, New Zealand’s first Māori-owned and geothermal-powered dairy processor, has been sold to Open Country Dairy.

The Taupō-based processor, once celebrated as a new model of Māori agribusiness, has been under sustained pressure in recent years. Global market turbulence, volatile currency

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Mike McRoberts Mon, 01 Sep 2025

Contact the Writer: Mike@nbr.co.nz

News tip? Question? Typo? Let us know: editor@nbr.co.nz

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