Turners & Growers

Shareholder Information

Brief History

  • The business was started by Edward Turner in 1897. Joined by 9 sons, the business later became E Turner & Sons Ltd.
  • Amalgamated with grower cooperative in 1921 to form Turners & Growers Ltd.
  • Turners Car Auctions Limited was separated from the Turners & Growers Group on 1st May 2002 and now reports as a separate public company.
  • On 31st December 2002 the Group acquired 100% of ENZA Limited.
  • The Group listed on the N.Z. Stock Exchange (NZX) on 29th September 2004
  • Australia’s largest diversified produce exporter DELICA Limited was formed in March 2007 by a collaboration between Turners and Growers and the DELICA Group.
  • Kerifresh Limited a large Mandarin, Lemon and Kiwifruit orchard and packhouse in Kerikeri was successfully acquired in March 2008

 

Head Office

Markets Complex, 2 Monahan Road, Mt. Wellington, Auckland
Phone (9) 573 8700, Fax (9) 573 8879


Principal Operating Subsidiaries

  • Turners & Growers Fresh Ltd - Fruit & Produce & Flower Wholesalers, Auctioneers and Distributors, Importers, Exporters, Transport operators, Prepackers and Produce Container Hirers Major locations - 15 cities from Whangarei to Dunedin
  • Status Produce Limited – Glasshouse Tomato production and other covered crops. Packhouse operators. Located South Auckland and Mangere
  • Enza Limited – Worldwide Pipfruit exporters and coolstore operators. Located primarily in Hastings, Nelson and Dunedin
  • Enza Foods New Zealand Limited – Fruit Juice Processors and food ingredient manufacturers. Plants located in Hastings and Nelson.
  • Kerifresh Limited – Citrus and kiwifruit orchard with cool store and packhouse facilities. Located in Kerikeri. 

Shareholding

There were 1203 shareholders on the register at 31 March 2008

The substantial Shareholders are:

  • Guinness Peat Group plc, U.K. 65.611M shares = 65.42%. Initially acquired in 1994 and as a result of Enza sale to T&G Group, December 2002.
  • Pacific Fruit Group, Ecuador 10.489M shares = 10.42% Acquired 1991

Issued shares on issue at 31 March 2008 totalled 100,300,181  

Directors

  • Chairman - (Non executive) A. I. Gibbs.
  • Managing Director – J.M Wesley
  • Non-Executive – R.A Burney, L.A. Noboa III, M. R. Dossor
  • Independent - B.M. D'Ath, W.J.E. Lynch, M. G. Tregidga 

Auditors

PricewaterhouseCoopers