Rangatira Annual Report 2023 - Flipbook - Page 26
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R anga tira Annua l Rep or t 2 0 2 3
Fiordland Lobster Company
For over 30 years the Fiordland Lobster Company (FLC) has
been dedicated to the sustainable fishing and live export of
Southern Rock Lobster (NZ crayfish) now processing 40%
of the New Zealand lobster catch. Based in Te Anau, FLC is
vertically integrated as an owner of quota as well as having
fishing and processing operations.
In 2010 FLC expanded into Australia operating as the
South Australian Lobster Company, processing 20% of the
Australian lobster catch.
Exporting 1,400 tonnes of crayfish annually, it is one of the
largest operators in the region. Demand remains strong in
China and the business is actively developing new markets.
Investment Date
2018
Ownership Interest
8%
Magritek
Founded by Sir Paul Callaghan, Magritek makes benchtop
nuclear magnetic resonance (NMR) solutions, measuring the
chemical properties of substances for research and industry.
As a world leader in the field, Magritek brought the first
desk top NMR spectrometer to the market in 2012. With
production now over 500 units p.a. Magritek hold a 50%
market share. Operations include sales/manufacturing
offices in Germany, sales offices in the US and software and
sales in New Zealand.
Rangatira is invested alongside management, employees,
Ampersand Capital (US healthcare tech investor) and
other shareholders. In 2023, Ampersand increased their
stake to 20%.
Investment Date
2013
Ownership Interest
27%