PGG Wrightson Limited is an
agricultural supply business based in New Zealand. It was created in 2005 through the merger of Pyne Gould Guinness Ltd and Wrightson Limited and has its roots in a number of
stock and station agencies
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...
dating back to 1861. It is one of the major suppliers to the
agricultural sector in New Zealand providing products such as seeds, grains, livestock, irrigation, farm equipment, insurance and financing. Although publicly listed in New Zealand on the
NZX, PGG Wrightson has been majority owned by Chinese-based
Agria Corporation (GRO, NYSE) since 2011.
History
The result of mergers within the
stock and station agency industry in
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...
, PGG Wrightson can trace its obvious ancestry back to 1861, with the establishment of Wright Stephenson & Co.
Notable stock and station agencies that have merged to form PGG Wrightson include
PGG Wrightson 2005
*Wrightson NMA 1972
**
Wright Stephenson & Co
**
National Mortgage and Agency Company of New Zealand,
which had taken over Russell
Le Cren and Company, and Russell Ritchie and Company
and
Murray Roberts & Co
***
Levin & Co 1896
[
*** Wairarapa Farmer's Co-operative Association
**Dalgety Crown 1983 bought by Wrightson NMA 1986
***Dalgety New Zealand Loan 1962
**** ]New Zealand Loan and Mercantile Agency Company
The New Zealand Loan and Mercantile Agency Company provided investments and loans for trade and commerce in New Zealand and Australia.
Notable people
* James Beard, the 1889 New Zealand Loan and Mercantile Building architect
* John Logan Cam ...
**** Dalgety New Zealand
*** Crown Consolidated merged with Dalgety 1983
*Pyne Gould Guinness
** Pyne & Co. Founded by FH Pyne.
** Gould Beaumont & Co. founded in 1851 by Joseph Gould, George Gould and John Beaumont
** Guinness & Le Cren Ltd, founded in 1890 by Edwin Rowland Guinness and Ernest Alfred le Cren
** Reid Farmers merged with PGG 2001
* Williams & Kettle, bought by Wrightson 2005
In 2011 PGG Wrightson sold its finance division to Heartland Building Society to create a single larger rural financing organisation.
In August 2018, it was announced that PGG had agreed to sell their Seeds business, PGW Seeds, to Danish company DLF Seeds for NZD $421 million. Although the deal is still subject to approval from the New Zealand Overseas Investment Office, it is expected to go through in early 2019. PGG Wrightson Seeds Holdings has operations in New Zealand, Australia, and South America. Under the deal, PGW and PGW Seeds will enter into a long-term distribution agreement for seed and grain. PGW will grant a brand licence to PGW Seeds for the continued use of the PGG Wrightson Seeds brand.
PGG Wrightson Country Cup
The PGG Wrightson Country Cup is the Premier Competition over the region known as the Canterbury Country. The region includes clubs from the Ellesmere and North Canterbury Sub-Unions and the Mid Canterbury Rugby Football Union
The Mid Canterbury Rugby Football Union (MCRFU) is a rugby province in the South Island of New Zealand.
History
The Mid Canterbury Rugby Football Union was formed in 1904 as Ashburton Country, first as a sub-union of the South Canterbury Rugby ...
.
Notable people
* Craig Norgate: Chairman of PGG Wrightson (and predecessor businesses) (2004–2009)
* Tim Miles: CEO of PGG Wrightson (2008–2010) and former Vodafone UK CEO
* George Gould: CEO of PGG Wrightson (2010–2013)
* Sir John Anderson
John Anderson, 1st Viscount Waverley, (8 July 1882 – 4 January 1958) was a Scottish civil servant and politician who is best known for his service in the War Cabinet during the Second World War, for which he was nicknamed the "Home Front Pr ...
: Chairman of PGG Wrightson (2010–2013)
References
{{Authority control
New Zealand stock and station agencies
Companies listed on the New Zealand Exchange
New Zealand companies established in 2005
Transport companies established in 2005
Agriculture companies established in 2005