Briefs

Press, 15 July 1985, Page 33

Briefs

U.K. purchase Burns Philp and Company, Ltd, has bought a specialist United Kingdom food technology company, Aplin and Barrett, from Unigate PLC for about sAustl3 million (SNZI7.BI million). Burns Philp’s food division general manager, Mr lan Clack, said Aplin and Barrett was the world’s only successful producer of the naturally occuring antibiotic known as NISIN, which acts as a preservative in cheese and canned foods.

To head branch Mr Graham Hambling, who has been elected a member of the Auckland Regional Stock Exchange, will take up an appointment as member-in-charge of the Wellington branch office of Jordan Sandman Smythe and Company. Shares equal

Kingsgate International Corporation, Ltd, reports that its ordinary existing shares and its "new” shares now rank equally. This was because directors had advised that no ordinary dividend be paid for the year ended March 31. Mapua expansion Fruitgrowers Chemical Company, Ltd, Mapua, Nelson, is buying Superline Products, Ltd, Auckland. The managing director of the chemical company, Mr Jonathan John, said Superline is a custom formulator and repacker of general and agricultural chemicals. It will continue with its present management and staff structure.

Donaghy’s post The managing director of Cadbury Schweppes Hudson, Ltd, Mr C. G. O. Wise, has been appointed a director of the Dunedin-based Donaghy Industries, Ltd. Mr Wise, who was previously Schweppes’ international marketing director in London, is a trustee of the Institute of Economic Research and is on the boards of Oasis Industries, Auckland, and Laurenson Bakery. IWD into ions Dow Chemical, represented in New Zealand by Ivon Wat-kins-Dow, Ltd, has entered into an agreement to acquire the ion exchange resins business from the Italian-based Montedison Group. Dow will take over on a world-wide basis, the sale and service of Montedison’s KASTEL products. lon exchange resins are synthetic products utilised in purification in many industrial sectors, particularly in New Zealand in water treatment, but also In pharmaceuticals, metallurgy, catalysis and pollution control. Trimming

Consolidated Press Holdings, Ltd, is planning to quit its holding in Communications and Entertainment, Ltd, in a trimming exercise to position the Packer organisation for further acquisitions. Companies associated with the home entertainment and video company's chairman and managing director, Dr Peter Neustadt, and two businessmen, Messrs Sam Gazal and Peter Wenzel, have paid 47c a share for 19.2 per cent of CEL’s issued capital held by Consolidated Press.