Business & People
Appointments, results, deals and the people leading the industry.

Linde distributor LDX appoints GM
LDX, a newly formed company of TDX for distribution of Linde Material Handling Equipment, has appointed Mark Weaver as general manager.

SEA Electric enters $248m merger with Canadian EV tech firm
Electric vehicle technology company SEA Electric is being acquired by Canadian-based power control solutions manufacturer Exro Technologies in a deal worth around US$248 million (NZ$405.5m). The…

Booth’s expansion ongoing in Wellington
Booth's Logistics is charging ahead with growth plans in Wellington which includes scaling up from three to six sites in the region.

CHEP recognised as top employer in NZ
Supply chain leader CHEP has been certified for the second consecutive year as a Top Employer in New Zealand by the Top Employers Institute. CHEP, part of the…

James Shaw resigns as Green Party co-leader
Former Climate Change Minister James Shaw, the architect of New Zealand’s landmark climate change legislation the Zero Carbon Act, is stepping down as Green Party co-leader…

Mainfreight appoints new directors
Mainfreight is appointing two new non-executive directors with Annie Steel and Hayley Buckley set to join the company from March 1. Buckley is a corporate partner…

Inflation down in December quarter
New Zealand’s annual inflation figures have dropped to 4.7% in the 12 months to the December 2023 quarter. It was down from 5.6% annual inflation in…

Colonial signals weaker earnings following CCD impact
Colonial Motor Company has confirmed recent sales of light commercial vehicles have been negatively impacted by the Clean Car Discount (CCD) scheme. The scheme, which was…

Iveco appoints new head of Australia and NZ
Iveco has appointed Glen Dyer to lead its operations in Australia and New Zealand, effective immediately.

Insurance Council appoints new leadership
The Insurance Council of New Zealand (ICNZ) has appointed IAG NZ chief executive Amanda Whiting as its new president and Farmers Mutual Group chief executive Adam Heath as its new vice-president.