Me Today announces proposed further reduction in Beekeeping
11 July 2023
Me Today announces proposed further reduction in Beekeeping operations.
Since the completion of the 2023 harvest Me Today has reviewed its Beekeeping operations.
The group currently has inventory of 500 tonne of Manuka Honey and based on forecast demand it
has sufficient inventory cover. As a result, a decision has been made to consider a further reduction
in Beekeeping operations from 4,000 hives to below 2,000 hives. The company will today enter into
consultation with its staff in respect to the proposal to close the Wairarapa branch.
Should the decision be taken to close operations in the Wairarapa the group will continue to operate
the reduced hive numbers from its branch in Turangi. Me Today and its subsidiary company King
Honey are committed to continuing Beekeeping operations and believe that retaining a smaller
operation will provide it with a platform to take advantage of future opportunities as they arise.
- ENDS -
For further information, please contact:
Grant Baker
Chairman, Me Today Limited
021 729 800
Michael Kerr
Chief Executive Officer, Me Today Limited
021 836 451
michael@metoday.com
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