2013-03-04 09:41:18 // Idealog
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It was just a couple of months ago that The Warehouse picked up Noel Leeming Group for $65 million and now it's set to spend up to $33 million on online sporting gear retailer Torpedo7 .
2013-02-15 09:25:08 // Idealog
Beloved Kiwi brand Wattie's will soon be owned by US investor Warren Buffett, whose company Berkshire Hathaway company and Brazilian private equity firm 3G have teamed up to buy HJ Heinz Co for a total of US$23.2 billion ($27 billion).
2013-02-08 09:22:48 // Esther Goh
// The Idealog Blog
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Kiwi startup Unified Inbox has made its first acquisition, buying iPhone app HelloInbox for an undisclosed sum.
2013-02-04 12:55:21 // Idealog
Local company eBUS, which offers a cloud-based TV ad delivery system, is the latest in a string to be bought up by an overseas firm.
2013-01-24 10:03:38 // Idealog
Global natural health and beauty product company Comvita has bought a 200 acre organic olive estate in Queensland and plans to increase its production of of olive leaf extracts by 130 percent over the next five years.
2012-12-13 09:53:14 // Idealog
Fairfax-owned TradeMe has a pretty firm hold on the property listing market, and that's about to expand with its purchase of holidayhomes.co.nz.
2012-12-10 09:19:24 // Idealog
The Warehouse is paying $65 million to acquire the Noel Leeming Group and its 92 stores in a bid to boost its consumer electronics offerings and, no doubt, its flagging share price and profits.
2012-12-06 10:19:39 // Idealog
US-based enterprise tech company Emulex has reached out to Endace with a cash bid and secured lock-up agreements with chairman and co-founder Dr Ian Graham and chief executive Mike Riley. The board has also expressed support for the deal and is recommending shareholders accept it.
2012-11-22 09:25:10 // Idealog
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The Telecom Foundation (the telecommunications company's charitable arm) has bought online giving platform Givealittle.co.nz and is making the fundraising service entirely free.
2012-11-07 09:19:57 // Idealog
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It's the end of the road for Fisher & Paykel. Yesterday, Haier secured ownership of more than 90 percent of F&P Appliances' shares, which grants it the right to delist the company from the NZX.
2012-11-02 10:42:05 // Idealog
Local game developer Ninja Kiwi (which we reckon just might have one of the best business names in the country) has bought a Scottish company with an almost equally awesome name – Digital Goldfish.
2012-10-30 15:21:18 // Idealog
TelstraClear's Allan Freeth is leaving the company now that its acquisition by Vodafone has gotten the green light from authorities.
2012-10-24 09:34:02 // Idealog
// The Idealog Blog
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Experiential marketing agency SublimeNZ has been swallowed up by Professional Public Relations, in what's being touted as a "natural partnership".
2012-10-19 09:39:10 // Esther Goh
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Haier's bid for Fisher & Paykel Appliances now looks to be a done deal – it's upping its offer to $1.28 a share, which it says has been accepted by shareholders ACC, AMP Capital Investors and Harbour Asset Management.
2012-09-12 10:27:06 // Idealog
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On Monday news broke that China's Haier had approached our own Fisher & Paykel about a potential takeover offer. And yesterday it publicly put a figure to the offer: $1.20 a share.
2012-09-11 12:39:32 // Idealog
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Wellington's Beetil has been acquired by Citrix and will join the organisation immediately, joining a roll call of New Zealand tech companies bought by US businesses.
2012-09-10 10:27:51 // Esther Goh
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It's one of our most iconic Kiwi companies, but Fisher & Paykel could fall into foreign hands if overtures by 20 percent shareholder Haier progress further.
2012-08-01 10:26:06 // Esther Goh
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Wildfire, a social media marketing company started four years ago by Kiwi Victoria Ransom, has been bought by Google for a reported US$250 million.
2012-07-26 09:55:30 // Idealog
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VnC Cocktails, an Auckland company born in the wake of vodka brand 42 Below's sale to Bacardi, could soon be sold to New York's Panache Beverages.
2012-07-13 09:12:35 // Idealog
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The $840 million sale of TelstraClear to Vodafone includes a non-compete clause, and as part of the deal, Vodafone will continue service to TelstraClear's roughly 200,000 customers.
2012-06-06 10:03:14 // Idealog
Telstra is in talks with Vodafone to sell its subsidiary TelstraClear – a move that's likely to draw close scrutiny from the Commerce Commission.
2012-06-05 09:46:50 // Idealog
Canadian software firm Enghouse Systems Limited has acquired local tech company Zeacom Group Limited for US$30.6 million ($40.5 million).
2012-05-31 11:39:06 // Esther Goh
Filmmaker James Cameron has been cleared to expand his land interests in the Wairarapa by the Overseas Investment Office.
2012-04-30 14:40:33 // Idealog
Since 2003, TradeMe and vehicle listing aggregator AutoBase Limited have had a cosy exclusive business arrangement in place, and today the Fairfax-owned giant entered into an agreement to purchase the latter outright.
2012-03-09 14:09:38 // Esther Goh
It's all go this month at Auckland-based Sonar6, where they're finalising a US$14 million deal with a Californian buyer.
2012-02-03 09:32:32 // Idealog
Cloud-based accounting firm Xero has bought software developer Max Solutions in full, acquiring the 84 percent that it didn't already own.
2012-02-02 17:10:02 // Idealog
Horizon Research Limited has taken the ShapeNZ research service off the hands of the Sustainable Business Council (SBC).
2012-01-18 12:07:12 // Idealog
Kiwibank is buying Gareth Morgan Investments, the funds management company owned by high-profile commentator and economist Gareth Morgan.
2012-01-16 10:18:02 // Siobhan Leathley
// The Idealog Blog
Maui Capital, a New Zealand private equity group, has bought a majority stake in Australasian fruit and produce company Freshmax.
2012-01-11 11:15:35 // Ruby Porter
As a country, we’re big on animals. From our reputation as a farming nation to our love of the humble household pet, animal welfare is big on the agenda for most Kiwis and now we have the company to match.
2012-01-09 13:54:43 // Esther Goh & Siobhan Leathley
The Kiwi founder of tech blog ReadWriteWeb says its buyout by SAY Media will take the website to the next level.
2012-01-09 10:05:23 // Idealog
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LanzaTech has acquired a US biofuel plant in a foreclosure sale as part of a government-approved liquidation.
2011-12-06 10:57:45 // Esther Goh
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Cerebos says it won’t lift its $2.50-a-share offer for Comvita and that the valuation range given by an independent adviser is not justified.
2011-11-30 11:35:25 // Idealog
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The Overseas Investment Office has approved the acquisition of Anchorage New Zealand – owner and operator of Burger King – by Tango New Zealand for more than $100 million.
2011-11-22 12:04:04 // Esther Goh
The directors of Comvita, New Zealand’s number one seller of manuka honey, are urging shareholders to reject a takeover bid by Cerebos.
2011-11-14 14:18:44 // Esther Goh
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Wireless car charging tech pioneer HaloIPT is off to the UK after being acquired by mobile equipment heavyweight Qualcomm.
2011-11-11 10:04:21 // Esther Goh
Otago Polytechnic student Alex Dong has just scored the break of his life – the creators of YouTube have acquired his online social network tool, developed with business partner Tim Bull.
2011-11-04 10:42:39 // Idealog
// The Idealog Blog
Health and beauty company Comvita has bought Te Awamutu-based apiary Waikato Honey Products to increase its supply of manuka honey.
2011-10-17 10:14:44 // Idealog
Orion Health has acquired Microsoft’s hospital information software (HIS) assets and has announced intentions to work together to co-market their products.
2011-09-15 17:25:30 // Esther Goh
It's been a turbulent year for Albany-based CleanFlow Systems; just after the opening of its new R&D facility, cofounder and chief technical officer Geoff Logan was killed in a plane crash off Orewa Beach in March. But now the high-tech firm has signed a multi-million dollar deal that will see it acquired by US-based RedZone Robotics.
2011-09-01 10:24:27 // Idealog
Dairy giant Fonterra is extending its footprint in the global pharmaceutical market with the acquisition of an Indian-based manufacturer.
2011-08-30 10:11:03 // Idealog
Skyline Enterprises – perhaps best known as the operator of the Gondola restaurant and luge in Queenstown – is to purchase fellow tourism and adventure company Totally Tourism.
2011-08-22 15:26:21 // Esther Goh
It's 25 years since wholly Kiwi-owned brand Avanti first launched, and if that wasn't an auspicious enough milestone, the company is set to acquire the bicycle division of Pacific Brands next month, effectively doubling its turnover.
2011-07-25 10:38:38 // Idealog
The majority of shareholders in Charlie's Group have moved to accept Japanese drink giant Asahi's takeover bid of 44 cents a share.
2011-07-21 09:28:40 // Esther Goh
Wellington-based software company Aptimize has been bought by Silicon Valley-based Riverbed Technology in a move which will see its 10 employees relocate to San Francisco.
2011-06-30 09:00:00 // Esther Goh
Litmos' American-centric business strategy has paid off, from setting up a Californian phone number to making its products look and feel as Americanised as possible. This month the The Devonport-based e-learning company was acquired by a large US software firm and will be moving to Silicon Valley—just “as soon as the visas come through”.
