Egmont Honey Acquires Tweeddale's, Becomes Largest Apiary in New Zealand

Egmont Honey, a Manuka honey exporter based in New Plymouth, has finalized its acquisition of Tweeddale's Honey, a beekeeping business in Taihape, as of September 18. This purchase increases Egmont Honey's hive total to over 22,000, making it potentially the largest beekeeping operation in New Zealand. The acquisition comes at a critical time for the industry, which has seen registered hive numbers drop from 918,000 in 2019 to under 490,000 now, nearly a 50% decline. Meanwhile, prices for raw Manuka honey are beginning to rise after a long slump.