Crossroads for Mānuka honey company Comvita

We sit down with Comvita Chair Bridget Coates to talk about the critical vote shareholders are facing on a 80-cent-per-share takeover offer. With a 75% majority vote required and two major shareholders already backing the deal, this is a pivotal moment for Comvita and its investors.

The iconic mānuka honey company and global market leader has faced significant financial pressure in recent years due to industry oversupply, price and demand volatility, and balance sheet challenges. Despite restructuring efforts, the Board of Comvita is now recommending shareholders accept the offer from private health and wellness bidder Florenz.  

We cover the Mānuka honey industry's struggles, what’s at stake for shareholders and what the future might hold for this nearly 50-year-old Kiwi brand under private ownership.

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