Ownership

Ownership

New Zealand Insulators is majority owned by the Tiri Group tiri.co.nz
NZI Director Greg Howell has a 12% shareholding.

Nelson-based Tom Sturgess is the primary shareholder of Tiri, a collection of eleven industrial businesses around New Zealand. Tiri's CEO Kevin Tennant & Finance Director Rob Astley are also Tiri shareholders.

Tiri is professional and commercial, whilst remaining very Kiwi. Thankfully Tom, Kevin & Rob concentrate only on what's right for their businesses - no politics, corporate bluster or middle management layers.

Apart from New Zealand Insulators, the other Tiri companies include A&G Price, Masport, RH Freeman, Masport Foundries, Electrical Supply Corp, Pacific Wallcoverings, Viking Conveyors, Viking Roofspecs & Viking Containment and Rapid Labels.

In partnership with Mercury Capital No. 1 Fund, Tom/Tiri in 2013 acquired Blue Star's NZ print companies including Webstar, McCollams Print, Nicholson Print Solutions, Format Print, Printlink, Spectrum Print, Blue Star (print management & fulfilment) & Panprint Labels. Subsequently they have purchased the assets of Kiwi Labels in Christchurch, Brebner Print in Napier & GEON NZ (March 2013).

On top of his industrial investments, Tom Sturgess is also a significant pastoral land owner, with eight sheep & beef stations (around 140,000 stock units) from Wairarapa to Otago. Tom's farming assets go under the badge Lone Star Farms. Lone Star have a website lonestarfarms.co.nz which details this impressive venture.

Click on this link for an (April 2013) article summarising Tom's commercial activities:
http://www.stuff.co.nz/business/industries/8537483/Ex-marine-keeps-firms-afloat

During its 90 years NZI has been owned by the following:
1924 - National Electric & Engineering (NEECO)
1967 - Cable Price Downer
1987 - Brierley Investments
1993 - Skellerup Group
1995 - Maine Investments (difficult chapter)
1998 - Viking Pacific
2002 - Tiri Group (JB Were Equity Fund)
2007 - Tiri Group (Tom Sturgess)