Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Hellers agrees proposal to purchase Goodman Fielder Meats

MEDIA RELEASE 8 January 2014

Hellers agrees proposal to purchase Goodman Fielder’s meats business


Click for big version.

The future of iconic New Zealand brand Kiwi Bacon looks to be secure with Hellers’ proposed purchase of Goodman Fielder’s meats business.

Hellers today agreed a proposal to purchase the Kiwi bacon and ham, Brooks Deli continental meats and bacon, Hutton’s luncheon, bacon and ham, Sizzlers pre-cooked smallgoods and Milano cooked continental meats brands from Goodman Fielder.

The proposed purchase is subject to Goodman Fielder undertaking an employee consultation process and considering feedback received as part of that process.

“If the purchase of Goodman Fielder’s meats business proceeds, we intend to produce products from the brands at Hellers’ Auckland and Christchurch plants,” Hellers founding director Todd Heller says.

“We pride ourselves in being a family-owned New Zealand business and the proposed purchase of these brands would not only keep them in New Zealand, but provide a strong base for our plans to expand.” “Hellers is an established New Zealand-owned and operated company. The business is built on strong New Zealand heritage and family tradition, which provides us with the expertise and resources to carry the brands on.”

“We think there are exciting opportunities and these will flow through to jobs and additional demand for New Zealand products,” says Todd Heller.

“We’re proud of our involvement in community projects such as our Sausages for Schools initiatives, which has provided over $1 million in funds to schools. The chance to grow will provide opportunities for additional employment and local activities.”

The transaction is expected to be concluded 31 March 2014 subject to Goodman Fielder completing its employee consultation process and satisfaction of conditions.

About Hellers:

The Heller family tradition of butcheries dates back to the 1880's. Todd Heller continued the long line of butchers by opening his first butchery in New Brighton, Christchurch, in 1985 and later started supplying supermarkets, moving to a new plant at Kaiapoi. The company continued to flourish and the purchase of Vienna Sensational Foods gave the company national distribution. Today more than 400 staff produce up to 500 tonnes of sausages bacon, ham and delicatessen meats.

FAQ – Hellers proposing to take over iconic NZ brands from Goodman Fielder

About Hellers

The Heller family tradition of butcheries dates back to the 1880's. Todd Heller continued the long line of butchers by opening his first butchery in New Brighton, Christchurch, in 1985 and later started supplying supermarkets, moving to a new plant at Kaiapoi. The company continued to flourish and the purchase of Vienna Sensational Foods gave the company national distribution. Today more than 400 staff produce up to 500 tonnes of sausages bacon, ham and delicatessen meats a week..

What business is Hellers taking over?

Hellers is proposing to buy the meat business of Goodman Fielder. This includes Kiwi bacon and ham, Brooks Deli continental meats and bacon, Hutton’s luncheon, bacon and ham, Sizzlers pre-cooked smallgoods and Milano cooked continental meats.

Where will the brands acquired from Goodman Fielder be produced?

If the proposed purchase of Goodman Fielder’s meats business proceeds, Hellers intends to move production of the Goodman Fielder products to its factories in Kaiapoi and Auckland.

What plans do Hellers have for the Goodman Fielder brands?

Hellers is a proud New Zealand family business and the purchase of iconic brands such as Kiwi bacon provides a tremendous opportunity to keep these brands in this country and gives a great platform for the company’s expansion plans.

What will the proposed purchase mean for Hellers’ operations?

Products in the Goodman Fielder range would be potentially manufactured at Hellers Auckland and Kaiapoi plants utilising existing capacity. Details are yet to be confirmed.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news