Divisions of T&G Fresh could be sold off to different buyers as part of one option under consideration
Leading New Zealand fresh produce company T&G Global has examined breaking up its T&G Fresh subdivision as part of its ongoing sale process, according to a report from the Australian Financial Review.
The report said T&G solicited buyers for its entire Fresh division, which is a vertically integrated and diversified growing, marketing and distribution operation connecting nearly 600 growers to customers across New Zealand, Australia, the Pacific and Asia. However, it is said to be weighing up a proposal to sell off different parts of the division as individual units, including its root vegetable business, its Pacific Islands fruit and vegetable distribution businesses, and its wholesale business. Interested parties are reported to include Bid Foods, Fresh Direct and SKU.
A spokesperson for T&G declined to comment on the specifics except to say that no decisions had been made.
“T&G Global is going through a process to consider its strategic options. As part of this, we are exploring whether, if at a potential stage in the future, it is appropriate to explore any form of sales process for any of T&G’s divisions. This process is still underway and no decision has been made,” the spokesperson told the Australian Financial Review.
At the end of March, T&G confirmed it had appointed Goldman Sachs to assist BayWa AG – T&G Global’s largest shareholder – in selling its shareholding in the company. It was the first notable update in the sale process since it was first announced back in July 2025.
