M&A
confidence high
sentiment positive
materiality 0.40
Marygold to sell Printstock unit to TAG Investments for NZ$2.45M, closing Nov 20
Marygold Companies, Inc.
- Asset sale via subsidiary Gourmet Foods; Printstock is NZ custom food-packaging digital printer.
- Cash price NZ$2,450,000 (~US$1.4M); final proceeds depend on stock-take value at closing.
- Closing expected Nov 20, 2026, subject to due diligence, lease assignment, and inventory valuations.
- CEO Gerber expects gain on sale; Gourmet Foods is listed as discontinued operations.
- Five-year non-compete in NZ for Printstock and officers Bryce Cole, David Neibert, Nicholas Gerber.