Sileni Estates owner Graeme Avery is to be inducted into the New Zealand Business Hall of Fame at a ceremony in Auckland in August.

Mr Avery (pictured) will be recognised for his contribution to business, food, wine and sport and will join a small group of 132 past Laureates.

The award goes back to those active in the mid-1800s and recognises outstanding contributions to the economic and social development of New Zealand, including community involvement.

Mr Avery transformed medical publishing firm Adis International into a $100 million world-leading business before creating his award-winning Sileni Estates venture in Hawke's Bay.

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A significant supporter of sport, especially athletics, he also led the fundraising campaign to create the AUT Millennium Institute of Sport & Health - now the national training centre for high performance sport.

In Hawke's Bay, he founded the Hawke's Bay Food Group and successful Hawke's Bay Farmers Market. He also led the formation of the private sector's Hawke's Bay Wine Country Tourism Association.