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Private equity suitors get ducks in a row for NZ fruit & veg biz

One of Australia’s largest investors in the agriculture sector, with interests spanning Wagyu beef, rock oysters, eggs and almonds, has its attention focused across the ditch on a $NZ276 million fruit and vegetable grower.

Street Talk understands ROC Partners likes the look of T&G Global, a New Zealand-listed fresh produce player that sells and distributes fruit and vegetables in more than 60 countries, and is preparing to throw its hat into the ring for a potential sale or break-up.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/private-equity-suitors-get-ducks-in-a-row-for-nz-fruit-and-veg-biz-20250710-p5mdxn