Zespri's share buyback and
issuance programme
- Cameron Partners provided an independent valuation, valuation advice and other ad-hoc advice to Zespri Group Limited to assist the company with a share buyback and a share issuance programme. The purpose of the programme was to achieve better alignment between growers and ownership of Zespri
- The offers closed with Zespri having acquired $70m of shares and issuing $95m of shares with a material improvement in grower/owner alignment
- Zespri is the world’s largest marketer of kiwifruit, selling kiwifruit into more than 50 countries and managing 30 percent of the global volume