Halter raises $165m, company valued at $1.65b
New Zealand tech company Halter has raised $165 million from investors in its latest fundraising round.
Synlait Milk has landed the agribusiness award in the Sensational Selwyn Awards, which recognise business excellence in the Selwyn District, Canterbury.
Over 500 people attended the biennial awards dinner held on July 28 at the Lincoln Events Centre. Finalists for the award included Coppersfolly Ltd and Ellesmere Transport Company Ltd.
Since operations began in 2008, Synlait has grown to become one of Selwyn's largest companies, processing over 500 million litres of milk a year from around 150 Canterbury farms, and employing 128 staff.
Synlait exports to over 40 countries and has grown revenue to $400 million in only four years of operation from its Rakaia site.
The agribusiness award recognises the growth of Synlait Milk in the Selwyn District and the company's contribution to the local community, by increasing economic benefit, agriculture productivity, innovation and environmental awareness.
"The Agri-Business award is testament to our business strategy and the effort from all our staff. It is an honour to be recognised by our local community for our continuing commitment to the district," says Synlait CEO John Penno.
Following heavy rain which caused flooding in parts of Nelson-Tasman and sewerage overflows in Marlborough, the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) is urging homeowners and tenants to be cautious when cleaning up and to take the right steps to support claims.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
Nationwide rural wellbeing programme, Farmstrong recently celebrated its tenth birthday at Fieldays with an event attended by ambassador Sam Whitelock, Farmers Mutual Group (FMG), Farmstrong partners, and government Ministers.
OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.
OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.