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Masthead Limited acquires Wedderspoon Organic Group, forming Florenz to expand global portfolio

PRIVATEJul 08, 2024

Acquiring Company

Masthead Limited

Acquired Company

Wedderspoon Organic Group

ChristchurchNew ZealandFood and Beverage

Description

Masthead Limited, a Christchurch-based investment firm, has announced the acquisition of the Wedderspoon Organic Group and the formation of a new holding company called Florenz. Under the leadership of Mike Tod, Florenz aims to consolidate its consumer brand portfolio, starting with a focus on accelerating the growth of Wedderspoon products into North America and expanding global awareness of New Zealand Manuka honey products.

Quick answer

Masthead Limited is acquiring Wedderspoon Organic Group, announced July 8, 2024. Masthead Limited is based in Christchurch, Canterbury, New Zealand.

How much did Masthead Limited pay for Wedderspoon Organic Group?
The deal value was not disclosed.
What does Masthead Limited do?
Masthead Limited is a Christchurch-based investment firm and an active corporate investor in New Zealand public and private equity markets.
Where are Masthead Limited and Wedderspoon Organic Group based?
Masthead Limited is based in Christchurch, Canterbury, New Zealand. Wedderspoon Organic Group is based in New Zealand.

Source: Fundz verified event record.

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Company Information

Company

Masthead Limited

Location

Christchurch, Canterbury, New Zealand

About

Masthead Limited is a Christchurch-based investment firm and an active corporate investor in New Zealand public and private equity markets. It is the commercial arm of the Stewart family and has a history of divestment and investment in wellness-related companies with products backed by science and curated in New Zealand.

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Frequently asked

Who acquired Wedderspoon Organic Group?

Wedderspoon Organic Group was acquired by Masthead Limited, based in Christchurch. The deal was reported on July 8, 2024. Masthead Limited is a Christchurch-based investment firm and an active corporate investor in New Zealand public and private equity markets. Masthead Limited is privately held.

When did Masthead Limited acquire Wedderspoon Organic Group?

Masthead Limited's acquisition of Wedderspoon Organic Group was reported on July 8, 2024. Masthead Limited, a Christchurch-based investment firm, has announced the acquisition of the Wedderspoon Organic Group and the formation of a new holding company called Florenz. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Wedderspoon Organic Group do?

Wedderspoon Organic Group, founded in 2005, is a passionate steward of Manuka Honey-based products. It is privately held, operating in Food and Beverage, and is based in New Zealand.

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