Halter raises $165m, company valued at $1.65b
New Zealand tech company Halter has raised $165 million from investors in its latest fundraising round.
Meat processor Alliance Group has appointed Chris Day to its board as an independent director.
Currently, Day sits on the boards of Datacom and the Institute of Directors. Previously, he has been interim chief executive of New Zealand Green Investment Finance and a director of Christchurch City Holdings and Centreport.
Day will chair Alliance’s Audit and Risk and Capital committees.
Day says he is pleased to be joining the Alliance Board.
“I look forward to contributing my experience to help shape the future of this iconic New Zealand business.”
Alliance chair Mark Wynne says Day brings valuable expertise to the board.
“He has significant experience in transformation and finance, along with a strong ability to provide an independent perspective,” Wynne says.
Day replaces Simon Robertson who steps down from the board at the end of March.
Wynne says he thanks Robertson for his dedication and contributions to the board over the past three and a half years.
“He has been a highly engaged and valued member of the Board. As chair of our Audit and Risk, Enterprise Resource Planning, and Capital committees, his breadth of knowledge, keen insight and ability to navigate complex issues have been exceptional,” he says.
The country's second largest milk processor hopes to produce its first commercial butter within two months.
There's no doubt that vehicle manufacturers at Fieldays saw a steady stream of rural folk treading the boards.
Fonterra's co-op model and what it does for New Zealand has lured one of its bright stars back on board.
Farmer lobby Federated Farmers is reporting a growth in membership, for the first time in decades.
New Zealand's Ruminant Biotech says that while it has big goals, the scale of the problem it seeks to solve requires it.
The upheaval in the Middle East may have eased the fall in global dairy prices last week.
OPINION: ACT MP Mark Cameron isn’t everyone’s cup of tea, but he certainly calls it how he sees it, holding…
OPINION: Did former PM Jacinda Ardern get fawning reviews for her book?