Tanarra acquired a minority share of the business in 2019
- NZWHL is New Zealand’s only wool scouring operator with production sites in major wool growing regions; Hawkes Bay (North Island) and Canterbury (South Island)
Investment rationale
- High quality business with stable cash flows
- Attractive growth opportunities
- Exposure to the growing lanolin (wool grease) market
- Internationally competitive
Tanarra value-add
- Additional capital for growth initiatives
- Experience in growing businesses (organically and inorganically) through strategic decision making
