Comvita edges toward capital raise to support “recapitalisation”
Comvita’s creditors have agreed to support a recapitalisation process following the aborted takeover bid by fellow Manuka honey maker Florenz.…
Comvita
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Comvita sale to Manuka honey peer Florenz falls through
A takeover of Comvita by Manuka honey rival Florenz has come to nothing after failing to get the required number…
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Wedderspoon Organic owner Florenz strikes deal to buy fellow honey firm Comvita
New Zealand's Comvita has agreed to a takeover bid from fellow Mānuka honey supplier Florenz. Florenz, which owns honey brand…
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Comvita warns of “material” impairment charge for FY25
Manuka honey producer Comvita has warned it could book a “material” impairment charge for the 2025 financial year concluding at…
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Manuka honey firm Comvita names Karl Gradon new CEO
Comvita has appointed Karl Gradon, a former CEO of a rival Manuka honey producer, as its new CEO. The company, headquartered…
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Comvita reveals restructuring job cuts as first-half losses widen
Comvita has revealed cuts were made in its workforce under a restructuring exercise as the New Zealand-based honey producer reported…
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Comvita’s 2024 loss widens on “accounting irregularities” linked to China
Comvita’s shares took another knock today (9 December) as the Manuka honey business said “accounting irregularities” linked to China would…
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Comvita FY losses greater than flagged
Outgoing Comvita CEO David Banfield said today (29 August) he was “extremely disappointed” with the honey supplier’s annual results, which…
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Comvita chair Brett Hewlett to take CEO reins from David Banfield
Comvita CEO David Banfield is stepping down in favour of chairman Brett Hewlett as the Kiwi Manuka honey maker undergoes…
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Comvita shares dive on impairment charge warning
Comvita shares continued a downward spiral as the Kiwi Manuka honey maker warned profits would be hit further if an…
