Eastpack named Cooperative of the Year at NZ awards
Eastpack, the largest post-harvest operator in the New Zealand kiwifruit industry and one of the country’s largest cooperatives, has been named Cooperative of the Year at the 2022 Cooperative Business NZ Awards.
“We are delighted to be recognised as the 2022 Cooperative of the Year. The award reflects the hard work of many people including our loyal growers and committed staff,” says Eastpack chief executive Hamish Simson.
In what has been a challenging period for the industry, he says Eastpack has delivered a strong performance for its growers, delivering above industry average orchard returns and low fruitloss, while at the same time delivering increased local employment and recording high staff engagement.
“As well as successfully responding to a range of challenges, we are preparing for growth,” Simson says.
“Over the next five years, kiwifruit volumes are set to grow significantly.
“To accommodate this growth in international demand, we will continue to expand our packing capacity to process the additional kiwifruit from our growers. Most of this growth is already planned and on its way.”
Earlier this month, Eastpack announced a $30 million notes issue to meet the forecast growth in kiwifruit demand. The offer will close on December 12.
Cooperative Business NZ represents New Zealand’s member-owned businesses (cooperatives and mutuals).
The Cooperative Business NZ Awards highlight the outstanding leadership and accomplishment of these businesses and their leaders.