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TUI ACQUIRES HAWTHORNE

Thursday 19 June 2014, 12:03PM

By Alexander PR

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Invercargill-based dag-crushing processor Ian Hawthorne Wools has announced a successful acquisition of the business by New Zealand-owned and -operated Tui Products Ltd.

“We have worked closely and successfully for many years with Tui’s national garden supply business, which has interests in the use of the waste stream from the Ian Hawthorne Wools plant, and believe that Tui will be a good fit as owner of the business,” says Ian Hawthorne.

“In completing this sale, I believe I have ensured the company’s long-term viability for both customers and staff and look forward to continuing the very close relationship we have enjoyed with our suppliers and buyers over the last 37 years.”

It will remain business as usual at Ian Hawthorne Wools, with Mr Hawthorne remaining in the business for the foreseeable future to ensure a seamless transition to new ownership. All staff will be retained in their current roles.

ends

 

About Tui Products Ltd
Proudly New Zealand owned and operated Tui Products is New Zealand’s leading manufacturer, supplier and distributor of quality garden products and seed-based pet food products. Tui Products has recently entered the home products market with the release of new Tui Firestarters and Briquettes.

Innovative and product- and service-oriented, the company employs 75 people in Mount Maunganui and Christchurch. Tui Products was established over 100 years ago, and has grown since 2002 under new ownership and a new business structure. It remains privately owned and operated.

In 2012, as a first-time entrant, Tui Products was named the Westpac Tauranga Business of the Year. Also in 2012, the company was named Mitre 10 Supreme Supplier of the Year for the second time, Palmers Supplier of the Year, and NZ Hardware Awards Supplier of the Year (Garden Category).