DealMatch/Divestments

Corporate divestments

NZ corporate divestment opportunities — non-core business unit sales, IFRS 5 held-for-sale assets, and portfolio rationalisations. Every entry is sourced from a publicly filed audited financial statement and cites the specific note that triggered inclusion.

Type8 opportunities
AssetSectorBusiness typeBusiness modelLocationType
Ecoya — home fragrance, candles, bodycare brandStandalone CGU within Trilogy International group; NZ + Australia operations
Manufacturing/RetailFragrance & candle brandB2B & B2CAuckland HQ + Australian sales arm (Ecoya Pty Limited); US arm dissolved FY25Portfolio rationalisation
Woolshed Vineyard, 68 Weld Street35.49 ha vineyard subdivided into 8 lots; Lots 1, 4, 5, 6 & 8 firm-intention sale process
AgricultureVineyardWholesale/DistributionMartinborough, WairarapaIFRS 5 held-for-sale
Euro Corporation Holdings — steel reinforcing, concrete & rural construction supply34.07% stake held by Maui Capital Indigo Fund; sole remaining investment in a fund being wound up
Construction & TradesConstruction supplierWholesale/DistributionNZ-wide; supplies construction and rural sectorsPE fund wind-down
210 Khyber Pass Road, GraftonFive-level commercial office building; single-asset PIE its directors have resolved to wind up
PropertyOffice buildingB2BGrafton, AucklandPortfolio rationalisation
17 Broadway Street, MartinboroughCoolstore property — wine industry infrastructure
PropertyCoolstoreB2BMartinborough, WairarapaIFRS 5 held-for-sale
Optic Security Group — NZ operationsElectronic + physical security services roll-up; IT/cyber arm trades as Optic Digital
ServicesSecurity servicesB2BNZ — Auckland HQ (Ellerslie); Optic Digital in Wellington + Auckland. Australian operations excluded.Carve-out
Dairyworks — branded cheese & butter businessStandalone reportable segment + CGU within Synlait; the profitable consumer-FMCG half, separate from the North Island assets being sold to Abbott
Food & BeverageCheese & butter brandB2B & B2CCanterbury (South Island) manufacturing; NZ + growing Australia / SE Asia exportCarve-out
SkyCity Hamilton + SkyCity Queenstown — regional casinosThe "Other NZ Operations" reportable segment; profitable regional casinos separable from the integrated Auckland flagship
Hospitality & TourismRegional casinosB2CHamilton (Waikato) + Queenstown (Otago), New ZealandCarve-out