Masthead-backed Florenz completed the acquisition of Wedderspoon Organic Group.

Masthead-backed Florenz, a company creating an innovative and natural health solutions, completed the acquisition of Wedderspoon Organic Group, a company dedicated to producing raw, unpasteurized Manuka Honey. Financial terms were not disclosed. “We believe in the ability of Kiwis to compete and win on the global stage and have installed an outstanding team at Florenz with deep global experience. Through Florenz, we have started assembling and growing a complementary series of businesses. Florenz is actively looking at other investment opportunities as it seeks to grow a world-class export business to further strengthen the New Zealand economy,” Mike Tod, Florenz CEO.