Scoop has an Ethical Paywall
New Zealand Post sells Localist
New Zealand Post sells Localist
2 April 2014
New Zealand Post Group has sold its subsidiary company Localist.
The business was purchased by a group led by Localist CEO Christine Domecq.
New Zealand Post Group CEO Brian Roche said the sale is a good outcome for New Zealand Post and Localist.
"Following New Zealand Post's announcement late last year of its future strategy, we are now strongly focused on core services and developing growth initiatives across our parcels, financial services and network businesses.
"The Localist business is no longer a part of that future strategy."
Mr Roche said Localist had entered a new phase.
"There have been encouraging signs of progress for Localist over the last 12 months and its new team is excited about its future direction."
New Zealand Post will work with Localist over the next two months to ensure an orderly transition of the business.
The company was sold for an undisclosed sum.
Westpac New Zealand: Kiwi Households Adapting Despite Widespread Cost Pressure Concerns, Westpac Survey Shows
University of Auckland: Kids’ Screen Use Linked To Long-Term Deficits In Self-Control And Attention
University of Auckland: Research To Address Equity In STEM For Māori, Pacific And Female Students
Stats NZ: Economic Impacts On New Zealand From Conflict In The Middle East – Report
Advertising Standards Authority: ASA Annual Report 2025 - Platform-Neutral Regulation Keeps Pace With Digital Advertising
Science Media Centre: Lead Pipes Banned For New Plumbing – Expert Reaction
