100% Pure New Zealand Honey & Three Peaks merger.

[Grant]

The founder of Timaru’s 100% Pure New Zealand Honey has called the company’s merger with Hamilton based Three Peaks Mānuka Honey a “positive step.”

The two honey producers announced the merger in a media release on Monday, calling the new business venture, The Mānuka Collective.

The Timaru honey producer’s owner, Steve Lyttle, said Three Peaks had approached them about the venture and called Hamilton based producer a “great company” with “strong family values.”

“We were ready to retire anyway when they approached us,” Lyttle told The Timaru Herald.

Stuff

i.stuff.co.nz

 

[frazzledfozzle]

Could that signal another packer that will no longer need to go to the market to purchase honey ( particulary manuka ) because they will now produce it themselves ?

 

[John B]

Getting out before the ship sinks. There are still a lot of people out there that can't see the gaping holes in the side of the beekeeping industry.

 

[frazzledfozzle]

Getting out before the ship sinks. There are still a lot of people out there that can't see the gaping holes in the side of the beekeeping industry.

agree 100% I don’t understand how anyone could be confident buying a beekeeping business in the current climate.

 

[Dennis Crowley]

Or they see opportunity opening up and need supply continuation.
Even though Sean is on the board of APINZ with me I have no insider info on this merger, and this is only my opinion

 

[James]

agree 100% I don’t understand how anyone could be confident buying a beekeeping business in the current climate.

Rules if investing ….. buy low….. now is a prime time to buy a bee business😘

 

[bighands]

Rules if investing ….. buy low….. now is a prime time to buy a bee business😘

Yours still for sale?

 

[James]

Yours still for sale?

At the right price🥰

 

[Adam Boot]

agree 100% I don’t understand how anyone could be confident buying a beekeeping business in the current climate.

Or just some smart people seeing opportunity where others do not.

 

[Adam Boot]

Or they see opportunity opening up and need supply continuation.
Even though Sean is on the board of APINZ with me I have no insider info on this merger, and this is only my opinion

This merger would make perfect sense. Neither businesses or brands individually carried much weight. Both business are still relatively small. Bringing them together provides economies of scale and cost savings (removal of duplication) very much needed as the industry develops competitively.
The combined brand and product range provide for a more compelling sales pitch.