Rangatira Annual Report 2023 - Flipbook - Page 27
Ra n g a t i ra An n u a l Re p ort 2023
Mrs Higgins
Mrs Higgins produces a range of high-quality oven-fresh
bakery products including soft chewy cookies, ready to bake
pre-portioned cookie dough, café slices & slabs, chocolate
fudge brownie, Bliss bites and Christmas treats.
The introduction of Rangatira’s capital funded the
manufacturing plant that opened in February 2018. The
large plant, located in West Auckland, enables Mrs Higgins
to meet demand for existing products within New Zealand,
diversify its product range and expand into the Australian
markets.
Investment Date
2017
Ownership Interest
100%
New Zealand Pastures
New Zealand Pastures is a farming and forestry operation
with 28,500 ha of land across 13 properties in Southland and
Otago regions.
There are three sheep and beef properties running over
30,000 stock units across 23,500 hectares.
Over the last three years, Rangatira have purchased a further
5,000 hectares across 10 properties for the purpose of
forestry development. These properties have been planted in
the winters of 2021, 2022 and 2023.
Rangatira believes in this sector over the long-term and
now has scale and a diversified exposure across multiple
properties.
Investment Date
2008
Ownership Interest
20%
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