NZ Artesian Water
Premium New Zealand Artesian Water
First Investment: June 2016
New Zealand Artesian Water (“NZAW”) bottles and exports water from a sustainable bore using both its own E’stel brand and third party brands. NZAW is based in Nelson, where their factory is located, and is ramping up production in their new, higher capacity plant. E’stel water is increasingly sold within New Zealand through some of the large supermarket chains, and the business is also focused on dealing with pent up demand from China, the United States and the Middle East.
The last investment event was in April 2018 with an $800,000 investment by Leisure Investments Limited, and Punakaiki Fund acquiring additional shares from an existing shareholder in exchange for Punakaiki Fund shares. LWCM’s assistance has focused on review of operations and financial plans, structuring of large sales arrangements, finance, acquisitions and new investment.