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

 

Activities of German companies in New Zealand

Activities of German companies in New Zealand

Auckland, November 2014 - Brands such as Siemens, Bayer, BMW or Schenker are pretty familiar in New Zealand. Not so well know are BayWa, Dekra and GEA. All three of them have established successful relationships with New Zealand companies.

BayWa completed its entry into the international fruit business in 2012 by acquiring the majority of Turners & Growers (T&G), a global exporter and producer of fresh fruit based in New Zealand. The T&G Group comprises 45 companies worldwide, with major subsidiaries ENZA, New Zealand's largest exporter with sales operations in more than 60 countries, DELICA, and ENZA FOODS, a producer and seller of processed fruit and vegetables . "This is the gateway to Asia for BayWa," says Harald Hamster-Egerer. He and Dr. Philipp Wahl were sent to New Zealand to facilitate the integration into the BayWa group. Dr. Wahl serves as Chief Operating Officer and Hamster-Egerer as Chief Financial Officer. In April 2014, BayWa took over the third largest apple producer in New Zealand, Apollo Apples Ltd., through T&G, which is waiting for its approval by the Overseas Investment Office (OIO). In 2013 Apollo marketed 1.4m tces of apples at a sales value of approximately NZD 50m. "We want to become a world-leading fruit business", said Klaus Josef Lutz, CEO of BayWa AG and Chairman of the Board at T&G. The fruit business is one of the strategic growth areas of BayWa, whohave generated up to half of its sales of EUR 16 billion in 2013 in the international business.

By acquiring the majority of VTG Ltd. (Vehicle Testing Group) a year ago, German DEKRA SE has been systematically continuing its strategic internationalisation and the expansion of its core automotive business unit outside Europe. It also has gained a stake into the important growth region, Asia-Pacific. VTG is the parent company of the operational Vehicle Testing New Zealand Ltd. (VTNZ), the New Zealand market leader vehicle testing. VTNZ has a workforce of approximately 850 employees and 84 test stations nationwide and over EUR 50 million in annual sales. In October 2014 VTNZ was named the best workplace in New Zealand in the "IBM Kenexa Best Workplaces Survey". "Right after the final documents were signed in October 2013, we immediately started to organise the integration of our VTNZ colleagues into the DEKRA world," says Peter Matthes, international project manager at DEKRA. The process was carried out smoothly and successfully. Most recently VTG has been renamed to DEKRA New Zealand Limited. In 2013, sales for DEKRA increased by 6.8% to EUR 2.3 billion.

The GEA Group, one of the largest suppliers of process technology with headquarters in Dusseldorf, has been active in New Zealand for years. The group has expanded its expertise in the field of dairy farming through the acquisition of competent New Zealand companies such as Milfos and Nu-Con. It is also one of the leading suppliers for dairy co-operative Fonterra. Three years ago, the GEA Group acquired Nu-Con Ltd., a leading supplier of components for powder treatment, with headquarters in Auckland and a turnover of approximately EUR 27 million. A year later Hamilton-based Milfos group, a leading designer and manufacturer of innovative dairy technologies, was integrated into the Group. The integration of the kiwi companies into the GEA group had gone off without problems according to Clint Brown, Managing Director of GEA in New Zealand. GEA has a market share of 60% in the New Zealand dairy industry and a staff of 300 employees, mainly New Zealanders. Internationally the group employs 18,000 people and generated sales of EUR 4.3 billion in 2013. In New Zealand GEA is one of the major business partners of Fonterra. The group will build Fonterra’s next large milk powder plant.

Click here for further information on German companies in New Zealand.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Auckland Transport: Successful Bridge Repair Opens Two Additional Lanes To Traffic

The opening of two additional lanes on the Auckland Harbour Bridge this morning will help relieve some motorway congestion for motorists heading home to the North Shore tonight. More>>

ALSO:

Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>

ALSO:

Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>

ALSO:

MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>

ALSO:


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>

ALSO:


University Of Auckland: Whale-Watching By Satellite – Follow Their Travels Online

Scientists have successfully attached satellite tracking tags to six New Zealand southern right whales, or tohorā, and are inviting the public to follow the whales’ travels online. Part of a major research project involving the University of Auckland ... More>>

Commerce Commission: Kiwibank Admits System Failures And Agrees To Pay Customers $5.2 Million

Kiwibank has entered into a settlement agreement with the Commerce Commission after reporting that it failed to have in place robust home loan variation disclosure policies, procedures and systems. In a settlement dated 27 August 2020, Kiwibank admitted that ... More>>

Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>

ALSO:

NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>

ALSO:

Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>

ALSO: