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He Whenua

He Tangata He Whenua He Oranga

Business

Agri-Business

Agri-Business

Our agribusiness consists of three separate but interconnected business activities, and today we are the largest farmer in Taranaki and Taranaki-based milk supplier to Fonterra. 

The three pillars of our agribusiness are health and safety, a kaitiaki to the environment and respecting and caring for our livestock.

The success of our farming business depends on the way we care for our people and the way our people care for our animals and we strive to ensure that our systems and processes set the highest possible standards.

We are proud of our strategic relationships across this sector and some of our trusted partners are:

Dairy Operations

Our dairy operations utilise 2,450ha of land across 15 dairy farms and we milk approximately 7,000 cows in a range of managed, contract milked or share-milked arrangements.

As the majority of our PKW Whenua is dairy land, this is our largest business and our focus are sustainable farming systems that maximises profit from our dairy production.  We are ensuring that over time we continue to re-invest in our land and infrastructure to ensure we are a high quality, safe and environmentally sound business.

Dry Stock operations

Our dry stock operations utilise 1,464ha of land across 12 dairy support units.  This arm of our business is closely linked to the dairy business with a large proportion of the land used for dairy support purposes.  Consequently, dairy and dry-stock managers work closely together with one responding to the needs of the other.

We are the proud owners of a state of art calf-rearing unit with the capacity to rear 1,600 calves annually in a closely controlled environment.  This facility is well positioned to rear as many calves as possible from our dairy farms to be finished as beef stock; including high quality breeds like Wagyu that earn premium prices internationally. 

The remainder of our properties rear and finish beef animals to market along with farming breeding bulls for use in the local dairy industry.

Te Oranga Livestock

Te Oranga Livestock is a small company within the PKW Group that buys and sells PKW stock in the market.  This further maximises our earnings because of these transactions.

Te Oranga Livestock business also acts as an stock agent for farmers outside of the PKW whanau who are selling or buying stock themselves.

Corpus Land Portfolio

Corpus Land Portfolio

Corpus land represents 17,000 hectares that is owned by PKW and under 202 perpetual leases.  These leases are the foundation of PKW’s business interests and provide a steady annual rental income for us.

From time to time a leasee will sell their leasehold interests and PKW has the right to purchase that lease surpassing any agreement the seller has reached with a potential buyer.  This first right of refusal creates an ongoing opportunity for ourselves and our existing and potential business partners.

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Fisheries

Kōura

PKW is a partner in Port Nicholson Fisheries Limited Partnership which is the second largest processor and exporter of live lobster in Aotearoa New Zealand.  This business process three income streams for PKW making this an attractive business activity.  Through the partnership we have we have trusted business relationships with:

Investments

Commercial Property

We own four commercial properties in Taranaki with long term lease arrangements with well-established organisations.  Our most recent acquisition is the base of our operations.  Appropriately named The PKW Whare this building represents who we are and is a positive representation of our future.   

Venture Capital

We have a passive investment managed by Finisterea leading venture capital firm based in San Diego.  Finistere invests in private companies around the world who are at the cutting edge in agriculture and the food value chain.  They focus specifically on life science, IT and sustainability. 

Forestry

PKW is a 50/50 owner in the Mangaoapa Forest Partnership.  This north-east Taranaki based venture of 240 hectares of Radiata Pine planted in 1993.  This investment is over 20 years old and the forest will continue to grow to reach full maturity;  at which time the partnership will discuss harvesting options.