Halter raises $165m, company valued at $1.65b
New Zealand tech company Halter has raised $165 million from investors in its latest fundraising round.
Sitting Beef + Lamb NZ farmer director Scott Gower has been voted out by farmers.
The results of voting for the Western North Island electorate show Rangitikei hill country farmer Andrew Stewart getting 4233 weighted votes to Gower’s 3502 weighted votes – a winning margin of 731.
Stewart joins the B+LNZ board at its annual meeting in Rotorua next week.
B+LNZ board chair Kate Acland congratulated Stewart and thanked Gower for his work as the incumbent director.
“I know Andrew will bring new thinking and fresh ideas, along with a determination to be future-focused and I look forward to working with him on the board,” says Acland.
Turnout for this director election was just short of 13%, which is on par with other comparable organisations, says Acland.
“This was pleasing given it was the first year of moving to online- only voting. I really encourage farmers to get involved and have their say via the voting process whenever they have the opportunity” Acland says.
Gower will be formally farewelled after the annual meeting.
Acland thanked Gower for his six years of service.
“Scott has made a fantastic contribution during his time as director bringing a large-scale, grassroots hill country farming perspective to the board table. As chair of the people & culture committee he played an important role in the refresh of B+LNZ’s strategy and the appointment of our new CEO. I wish him all the very best for his next endeavours.”
A technical lab manager for Apata, Phoebe Scherer, has won the Bay of Plenty 2025 Young Grower regional title.
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.
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?