Protecting the future of Zespri

Rural Exchange 25/03/2018

Zespri shareholders voted to strengthen grower ownership and control of the company via new restrictions for non-kiwifruit growing shareholders.

The changes to Zespri's constitution were backed by more than 75 percent of shareholders voting in a special meeting held in Mount Maunganui last week.

Zespri expects demand will result in doubling annual sales to $4.5 billion dollars by 2025 - that's just seven years away which will mean more infrastructure to handle the bigger harvest predicted to cost $1 billion dollars.

Zespri chairman Peter McBride joined Rural Exchange to discuss the new constitution addressing the problem between growers who supply kiwifruit to Zespri and people who own shares in the company.

Watch the full interview with Peter McBride above.

Rural Exchange with Hamish McKay, Sarah Perriam and Richard Loe, 5-7am Saturday and Sunday on RadioLIVE with Carter’s Tyre Service. Click here for all the ways to watch and listen.