Rangatira Investments Annual Report 2021 - Report - Page 22
Ran ga tira Annua l R ep or t 2 0 2 1
Investment Date: 2019
Rangatira has invested alongside Southern Cross Horticulture.
Southern Cross Horticulture is a New Zealand kiwifruit orchard
developer and manager. Owned by the Dunstan family, the
company has been planting, growing, and exporting kiwifruit
for more than 40 years. Southern Cross Horticulture are highly
regarded in the kiwifruit sector and invest their own capital
alongside a limited partnership of external investors in each
In 2019, Rangatira invested in Southern Cross’ 36 ha Oaklands
development near Waiuku, growing the Zespri SunGold
variety south-west of Auckland. The orchard is currently under
construction and the first crop is planned for 2022.
In 2020, Rangatira invested in an additional SunGold orchard
development: ‘Eastern Rise’, a 114-ha orchard near Whakatane.
Both partnerships have purchased shares in Zespri. Zespri
is the grower-owned marketer and exporter of New Zealand
kiwifruit that develops and owns the intellectual property of
Investment Date: 2013
OWNE R S HI P
Magritek designs, manufactures, and sells
disruptive benchtop Nuclear Magnetic
Resonance (NMR) solutions to academic and
The Magritek family of Spinsolve benchtop NMR models offers
revolutionary high sensitivity and resolution in a compact
package in the quest to find more information about molecules.
Magritek provides worldwide sales and support through its
offices in Germany, USA, UK and New Zealand, and a network
of partners. Magritek has consolidated its manufacturing
operations to Germany.
Magritek delivered a record number of Spinsolves in 2019,
increasing the number of Spinsolves sold due to the quality
of the products and the service of the team at Magritek.
Magritek’s order book remains strong despite the launch of
competitor products and the COVID-19 pandemic.
Ampersand Capital, a Boston based healthcare/scientific
investor, recently acquired a 5% holding in Magritek (purchased
from existing shareholders). Ampersand bring strong networks
and investment experience in the laboratory product sector.