Simpson Grierson is proud to have advised the shareholders of Herman Pacific Limited on the sale of this well-known family-owned business to ITI NZ Limited.

Hermpac is a leading New Zealand supplier and manufacturer of specialty timber products, built on more than 50 years of family ownership, craftsmanship and enduring customer relationships. 

The transaction reflects a broader trend across the market, as long-standing family-owned businesses come of age and founding family members approach retirement, presenting rare opportunities to acquire established brands with proven track records and deep market presence.

Simpson Grierson Corporate Partner, Michael Pollard said of the deal:

“It was a privilege to guide the Hermpac shareholders through this significant milestone.”

“Businesses like Hermpac - family-built over decades and deeply embedded in their markets - represent the kind of legacy assets that are increasingly sought after by strategic acquirers.” 

“Helping our clients realise the value they have created over more than half a century is really rewarding.”

The Simpson Grierson team, led by partner, Michael Pollard and senior associate, Toby Holborow, included partner, Tara Wylie, senior solicitor, Caleb Antonio-Rooney and solicitor, Eva Williams.