Bay of Plenty Times
  • Bay of Plenty Times home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Sport

Locations

  • Coromandel & Hauraki
  • Katikati
  • Tauranga
  • Mount Maunganui
  • Pāpāmoa
  • Te Puke
  • Whakatāne
  • Rotorua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Thames
  • Tauranga
  • Whakatāne
  • Rotorua

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Bay of Plenty Times

Seeka Limited buys Aongatete Coolstores for $25m

Bay of Plenty Times
13 Mar, 2019 05:05 AM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
Seeka Limited has announced the acquisition of Aongatete Coolstores Limited in the Bay of Plenty. Photo / File

Seeka Limited has announced the acquisition of Aongatete Coolstores Limited in the Bay of Plenty. Photo / File

Seeka Limited will buy kiwifruit orcharding, packing and coolstore business Aongatete Coolstores Limited in the Bay of Plenty for $25 million.

Seeka made the announcement today and said it planned to retain all permanent staff and would continue to provide services and support to growers who have been supplying fruit to Aongatete.

Seeka chief executive Michael Franks said the acquisition was aligned to the company's growth strategy and built on Seeka's kiwifruit foundation.

"Aongatete's kiwifruit packhouse and coolstore facility processes around 4.5m trays of green and gold fruit providing Seeka additional market presence in a growth industry.

"The acquisition compliments our existing business with further infrastructure in a great growing location," Franks said.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Aongatete is an integrated kiwifruit orcharding and post-harvest company operating across the Bay of Plenty.

Aongatete managing director Allan Dawson said growers' futures stood in good stead with Seeka.

"Seeka brings its own skills and economies of scale and recognises the Aongatete site will remain a centre of excellence and innovation for the kiwifruit industry."

Advertisement
Advertise with NZME.

Franks said Seeka was committed to the local area and saw benefits for both existing and new staff and grower partners.

"Seeka's significant size and scope brings increased capacity and ability to support the Aongatete site during peak harvest times. With Seeka's geographical spread throughout the Bay of Plenty transport distances can be reduced with fruit processed closer to where it is grown."

Seeka's Grower Shares Scheme and Employee Share Scheme will be offered to new associates and was an opportunity for growers and staff to benefit from being part of Seeka and share in returns generated by the business.

The purchase is anticipated to settle on March 18 and the facilities would be rebranded as Seeka Aongatete.

Discover more

Restricted fire season declared for Western Bay

11 Mar 11:13 PM
New Zealand

Nearly 50 earthquakes recorded near Kawerau

12 Mar 09:37 PM

Health warning lifted for Waihī Estuary

13 Mar 10:15 PM

Capital Gains Tax: What it means to the most-affected

30 Mar 05:00 PM
Save
    Share this article

Latest from Business

Premium
OpinionMark Lister

Mark Lister: NZ's economic recovery delayed, but not derailed

Premium
Bay of Plenty Times

'Blindsided': Former restaurant staff say they are owed $16,000

Premium
Bay of Plenty Times

'The next Rocket Lab': Behind the scenes at Syos


Sponsored

Kiwi campaign keeps on giving

Advertisement
Advertise with NZME.

Latest from Business

Premium
Premium
Mark Lister: NZ's economic recovery delayed, but not derailed
OpinionMark Lister

Mark Lister: NZ's economic recovery delayed, but not derailed

The Reserve Bank cut the Official Cash Rate to 3% last month.

07 Sep 04:00 PM
Premium
Premium
'Blindsided': Former restaurant staff say they are owed $16,000
Bay of Plenty Times

'Blindsided': Former restaurant staff say they are owed $16,000

03 Sep 08:49 PM
Premium
Premium
'The next Rocket Lab': Behind the scenes at Syos
Bay of Plenty Times

'The next Rocket Lab': Behind the scenes at Syos

03 Sep 05:00 PM


Kiwi campaign keeps on giving
Sponsored

Kiwi campaign keeps on giving

07 Sep 12:00 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Bay of Plenty Times e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Bay of Plenty Times
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Bay of Plenty Times
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP