TradeMe has entered into an agreement to buy MotorWeb for $19.5 million in cash. TradeMe chief executive Jon Macdonald said MotorWeb had a lot of potential to complement TradeMe motors, "and will give us the chance to broaden and deepen the products and data we provide in relation to motor vehicles"
New Zealand-based Debitsuccess has bought up direct debit billing provider DFC in the UK, capping off a year of growth.
It was just a couple of months ago that The Warehouse picked up Noel Leeming Group for $65 million and now it's set to spend up to $33 million on online sporting gear retailer Torpedo7 .
Beloved Kiwi brand Wattie's will soon be owned by US investor Warren Buffett, whose company Berkshire Hathaway company and Brazilian private equity firm 3G have teamed up to buy HJ Heinz Co for a total of US$23.2 billion ($27 billion).
Kiwi startup Unified Inbox has made its first acquisition, buying iPhone app HelloInbox for an undisclosed sum.
Local company eBUS, which offers a cloud-based TV ad delivery system, is the latest in a string to be bought up by an overseas firm.
Global natural health and beauty product company Comvita has bought a 200 acre organic olive estate in Queensland and plans to increase its production of of olive leaf extracts by 130 percent over the next five years.
Fairfax-owned TradeMe has a pretty firm hold on the property listing market, and that's about to expand with its purchase of holidayhomes.co.nz.
The Warehouse is paying $65 million to acquire the Noel Leeming Group and its 92 stores in a bid to boost its consumer electronics offerings and, no doubt, its flagging share price and profits.
US-based enterprise tech company Emulex has reached out to Endace with a cash bid and secured lock-up agreements with chairman and co-founder Dr Ian Graham and chief executive Mike Riley. The board has also expressed support for the deal and is recommending shareholders accept it.