Mohawk to acquire NZ carpet maker Bremworth
Premium wool carpet maker Bremworth is being sold to the world's largest flooring company.
Agribusiness leader Rob Hewett is the new chair of listed carpet maker Bremworth.
In a NZ Stock Exchange announcement this morning, Bremworth says Hewett, Julie Bohnenn, Murray Dyer and Trevor Burt have been appointed to the board.
Gone from the board are Paul Izzard, Katherine Turner and Dianne Williams. Outgoing chair George Adams and John Rae are staying on as board members.
The board revamp follows a bid launched two weeks ago by a group of shareholders to change the board. The group wrote to Adams seeking a special general meeting to install Hewett as the new chair. Adams had responded by agreeing to hold the meeting.
Today’s announcement means the group had mustered enough support among shareholders to force the board changes without a special meeting.
The NZX release says that “as a result of the constructive engagement since the 1 March 2025 notice requesting that a special shareholders meeting be convened to consider proposed director changes, the requesting shareholders have withdrawn their notice”.
Hewett, the outgoing co-chair of Silver Fern Farms and current chair of WoolWorks and Farmlands Co-operative, says Bremworth is at a crucial crossroads.
“We appreciate the hard work and dedication of the Board under George’s leadership during a very challenging period for Bremworth, and its settlement of the long-running insurance claims process. We will need to call on the experience of all directors as we take Bremworth into its new era, which demands a fresh approach to drive growth and earnings.
“The new directors and I are committed to bringing our collective agri, operating and governance experience and skills to stabilising the business, protecting shareholder value, and unlocking the potential of Bremworth,” says Hewett.
Outgoing chair George Adams says they look forward to working together as a board to realise Bremworth’s potential and deliver value for shareholders as we focus on creating the desirable and superior natural-fibre products that Bremworth is known for.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.

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