Southland-based dag-crushing business sold

COLLETTE DEVLIN
Last updated 06:42 17/06/2014
Ian Hawthorne
JOHN HAWKINS/FAIRFAX NZ
BIT OF A DAG: Ian Hawthorne, of Ian Hawthorne Wools, has sold the dag-crushing business he has owned for 37 years.

Relevant offers

Agribusiness

Cows' eating habits cast doubt on low residual grazing levels Farmers are making a difference in excluding stock from waterways Marlborough wine companies make big calls after remarkably 'relaxed' harvest Dry continues to take its toll on South Canterbury farms Marlborough celebrates International Sauvignon Blanc Day Farmers muster forces to battle Ecan Ski-loving Dukes take merino business off-piste into fresh glove territory Teen is an old hand at growing red onions Digital farming could spell shake-up for crop chemicals sector Westport's Rebecca Keoghan named Dairy Woman of the Year

Invercargill-based dag-crushing processor Ian Hawthorne Wools has been sold.

The business was acquired by New Zealand-owned and operated Tui Products Ltd - a manufacturer, supplier and distributor of garden products and seed-based pet food.

Ian Hawthorne, who owned the business for 37 years, said he had been in negotiations for about a year before making the decision to sell.

The timing was right for both parties, he said.

"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 wools plant. We believe Tui will be a good fit as owner of the business."

The business was the largest of its kind in the South Island, working from Blenheim down to Southland, he said.

Tui Products had entered the home products market with the release of Tui Firestarters and Briquettes.

Hawthorne said the milled wood briquette materials had come from an Invercargill timber business.

It would be business as usual at Ian Hawthorne Wools for the foreseeable future and the sale would ensure long-term viability for its customers and three staff, he said.

He would continue to work with the business during a handover period before retiring.

Tui Products was established more than 100 years ago and has grown since 2002 under new ownership and new business structure.

It remains privately owned and operated and employs 75 people in Mt Maunganui and Christchurch.

Ad Feedback

- The Southland Times

Comments

Special offers

Featured Promotions

Sponsored Content