Ovato to cease heatset printing at Wiri plant in New Zealand
Paper supply problems and increased costs cited as reasons for heatset shutdown in New Zealand
5 April, 2022Paper supply problems and increased costs cited as reasons for heatset shutdown in New Zealand
5 April, 2022Ovato has recorded a $27.3m increase in profit to $17.6m after shedding its marketing services and magazine distribution businesses
28 February, 2022Ovato CFO moves on after 10 months in the job and is replaced by the company’s former GM of Finance, Ian Jones
22 November, 2021Ovato CEO James Hannan points to ongoing transformation as FY21 results show an improved net loss as print production takes centre stage
31 August, 2021The ACCC has approved the sale of Ovato’s retail distribution business to magazine publisher, shareholder and client, Are Media, with NZ regulator approval expected soon
3 August, 2021Ovato shareholders have approved the sale of the company’s A/NZ retail distribution businesses to shareholder, Are Media, as it continues to refocus on print
20 July, 2021Ovato has announced it is closing down its residential distribution business in Australia on July 30, 2021 due to a COVID-19 induced downturn in letterbox volumes as it continues to sharpen its focus on print
6 July, 2021Ovato shareholders will soon vote on selling the company’s A/NZ retail distribution businesses to Are Media and its marketing divisions to a Hannan business
1 July, 2021Ovato makes more senior changes as it shifts back to being a more print-focused business as part of the restructure plan
15 June, 2021A 28,000 square metre factory site in Brisbane which houses Ovato’s Queensland operation and is owned by a property trust linked to Ovato chairman, Michael Hannan, is on the market
4 May, 2021End of content
No more pages to load