Rangatira Annual Report 2025 - Flipbook - Page 25
Annual Report 2025
Kiwifruit Orchards
Investment date
Ownership interest
2019
29%
15%
15%
Oaklands
Eastern Rise
Aurora Gold
Southern Cross Horticulture (SCH) is a highly
regarded kiwifruit developer and investor. Rangatira
has, to date, invested in three of their partnerships:
•
Oaklands (2019) – a 36-ha Zespri SunGold
development near Waiuku (first crop 2022).
•
Eastern Rise (2020) – a 114-ha SunGold
development near Whakatane (first crop 2023)
•
Aurora Gold (2023) – has acquired two existing
Zespri Green orchards (total 30-ha) to convert
to SunGold.
All three partnerships have shares in Zespri (the grower
owned marketer and exporter of NZ kiwifruit that
develop and own the IP of the varieties). Rangatira’s
total effective ownership is now 31 canopy hectares in
physical orchards and 652,181 Zespri shares.
Stuart Drummond Transport
Investment date
Ownership interest
2022 37%
Stuart Drummond Transport (SDT) is the leading
provider of log transport in the Nelson | Marlborough
region, servicing a wide range of customers including
some of New Zealand’s best-known forestry
management companies. With its origins dating back
to 1984 and a single truck, SDT now has a fleet of over
50 trucks and trailers.
The business navigated significant cyclical headwinds
over the last 18 months with falling exports and pricing
impacting the sector. By continuing to trust the team’s
established culture, customer focus and concentration
on a safe working environment, the business has been
in the enviable position of needing to grow to meet
customer demand.
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