PGG Wrightson
| Company type | Public company |
|---|---|
| NZX: PGW | |
| Industry | Pastoral |
| Founded | November 2005 |
| Headquarters | , |
Key people | Mark Dewdney (CEO) |
| Products | Stock and station agent |
Number of employees | 2,100 |
| Website | pggwrightson |
PGG Wrightson is an agricultural supply business based in New Zealand. It was created in 2005 through the merger of Pyne Gould Guinness Ltd and Wrightson Limited and has its roots in a number of stock and station agencies dating back to 1861. It is one of the major suppliers to the agricultural sector in New Zealand providing products such as seeds, grains, livestock, irrigation, farm equipment, insurance and financing. Although publicly listed in New Zealand on the NZX, PGG Wrightson has been majority owned by Chinese-based Agria Corporation (GRO, NYSE) since 2011.
History
The result of mergers within the stock and station agency industry in New Zealand, PGG Wrightson can trace its obvious ancestry back to 1861, with the establishment of Wright Stephenson & Co.
Notable stock and station agencies that have merged to form PGG Wrightson include
PGG Wrightson 2005
- Wrightson NMA 1972
- Wright Stephenson & Co
- National Mortgage and Agency Company of New Zealand,[1] which took over Russell Le Cren and Company, and Russell Ritchie and Company[2]
- Dalgety Crown 1983 bought by Wrightson NMA 1986
- Dalgety New Zealand Loan 1962
- Crown Consolidated merged with Dalgety 1983
- Pyne Gould Guinness
- Pyne & Co.[3]
- Gould Beaumont & Co. founded in 1851 by Joseph Gould, George Gould and John Beaumont
- Guinness & Le Cren Ltd founded in 1890 by Edwin Rowland Guinness and Ernest Alfred le Cren
- Reid Farmers merged with PGG 2001
- Williams & Kettle, bought by Wrightson 2005
In 2011 PGG Wrightson sold its finance division to Heartland Building Society to create a single larger rural financing organisation.[4]
PGG Wrightson Country Cup
The PGG Wrightson Country Cup is the Premier Competition over the region known as the Canterbury Country. The region includes clubs from the Ellesmere and North Canterbury Sub-Unions and the Mid Canterbury Rugby Football Union.
Notable people
- Craig Norgate: Chairman of PGG Wrightson (and predecessor businesses) (2004-2009)
- Tim Miles: CEO of PGG Wrightson (2008-2010)[5] and former Vodafone UK CEO
- George Gould: CEO of PGG Wrightson (2010-2013) [6]
- Sir John Anderson: Chairman of PGG Wrightson (2010-2013)[7]
References
- ^ a b "Fletcher Challenge Archives". Brief History of Fletcher Challenge Limited.
- ^ Pinney, Robert. "Le Cren, Frederic and Le Cren, Henry John". Dictionary of New Zealand Biography. Ministry for Culture and Heritage. Retrieved 16 August 2015.
- ^ "PGG Wrigthson" (PDF). Archived from the original (PDF) on 15 August 2013.
- ^ "Heartland NZ repays NZ$92.3 million of PGG Wrightson Finance bonds after acquisition of rural lender". interest.co.nz. October 10, 2011.
- ^ http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10754947
- ^ http://www.stuff.co.nz/business/farming/agribusiness/8736474/George-Gould-departure-as-PGW-head-flagged
- ^ http://www.stuff.co.nz/the-press/business/9200528/PGG-Wrightson-chairman-steps-down
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