T&G Global Limited Company Profile

Background

T&G Global Limited, established in 1897, is a leading New Zealand-based company specializing in the cultivation, marketing, and distribution of fresh produce. The company operates under renowned brands such as JAZZ™, Envy™, and Joli™, offering a diverse range of fruits and vegetables to both domestic and international markets. T&G Global's mission is to "grow healthier futures," emphasizing its commitment to quality, sustainability, and community well-being. The company is a subsidiary of BayWa Global Produce GmbH, a German multinational corporation.

Key Strategic Focus

T&G Global's strategic focus centers on:

Core Objectives: Enhancing global market presence, driving innovation in product development, and ensuring sustainable growth.

Areas of Specialization: Cultivation and distribution of premium apple varieties, berries, citrus fruits, tomatoes, and stone fruits.

Key Technologies Utilized: Advanced horticultural practices, supply chain optimization technologies, and proprietary fruit variety development techniques.

Primary Markets Targeted: Domestic markets in New Zealand and Australia, as well as international markets across Asia, Europe, and the Americas.

Financials and Funding

T&G Global has demonstrated consistent financial performance:

Total Revenue: $1.36 billion for the year ending December 31, 2024, up from $1.33 billion in 2023.

Operating Profit: $12.7 million in 2024, a significant turnaround from a loss of $45.6 million in 2023.

Net Profit Before Tax: $2.3 million in 2024, compared to a loss of $8.2 million in 2023.

Net Profit After Tax: $1.7 million in 2024, up from a loss of $18.6 million in 2023.

In September 2022, T&G Global received a grant from Callaghan Innovation, a New Zealand government agency, to support its research and development initiatives.

Pipeline Development

T&G Global's pipeline development includes:

Key Pipeline Candidates: New apple varieties such as Joli™, and expansion of existing brands like Envy™.

Stages of Development: Ongoing cultivation, testing, and market introduction phases.

Target Conditions: Enhancing fruit quality, yield, and resistance to diseases.

Anticipated Milestones: Introduction of new fruit varieties to international markets, with specific timelines dependent on cultivation cycles and market readiness.

Technological Platform and Innovation

T&G Global distinguishes itself through:

Proprietary Technologies: Advanced fruit variety development techniques, including genetic research and selective breeding.

Significant Scientific Methods: Utilization of horticultural science for optimal fruit cultivation, and supply chain technologies for efficient distribution.

AI-Driven Capabilities: Implementation of data analytics and AI for demand forecasting, inventory management, and market trend analysis.

Leadership Team

T&G Global's leadership comprises:

Gareth Edgecombe: Chief Executive Officer, with extensive experience in the fresh produce industry, leading the company's strategic direction and operations.

Douglas Bygrave: Chief Financial Officer, responsible for overseeing financial strategies and ensuring fiscal health.

Philipp Trachtenberg: Non-Independent Director, appointed in March 2025, bringing expertise in corporate finance and strategic business development.

Market Insights and Competitor Analysis

The fresh produce industry is a multi-billion-dollar global market characterized by steady growth driven by increasing health consciousness and demand for fresh foods. Key industry trends include an emphasis on sustainability, organic produce, and technological advancements in agriculture.

Major competitors of T&G Global include:

Zespri: A New Zealand-based company specializing in kiwifruit cultivation and export.

Freshmax Group: An Australian company involved in the wholesale distribution of fresh produce.

Tivoli Investments: An Australian firm engaged in the production and distribution of fresh fruits and vegetables.

Simon George & Sons: An Australian company specializing in the wholesale distribution of fresh produce.

CCW Co-operative: An Australian cooperative involved in the production and marketing of fresh fruits and vegetables.

Strategic Collaborations and Partnerships

T&G Global has established strategic partnerships that enhance its global distribution and innovation capabilities:

BayWa Global Produce GmbH: Supporting resource sharing and international market reach.

Callaghan Innovation: Providing funding and collaboration for research and development initiatives to drive product and process innovation.

Operational Insights

T&G Global maintains a leading market position in New Zealand with a growing international presence. It faces competition from both domestic and international fresh produce companies. Competitive advantages include strong brand recognition, a diverse product portfolio, and a firm commitment to sustainability.