Gloriavale-Linked Manuka Honey Producer Enters Liquidation
Highlights:
- Liquidation Announcement: Forest Gold Honey, linked to the Gloriavale Christian Community, has entered liquidation, with Brenton Hunt of Insolvency Matters appointed as liquidator on November 27.
- Ownership Details: The company is owned by Christian Partners, with equal shares held by Faithful Pilgrim, Peter John Righteous, and Stephen Standfast.
- Product Focus: Forest Gold Honey specialized in certified UMF mānuka honey, a niche product in the competitive honey industry.
Manufacturer’s Liquidation
Forest Gold Honey, a mānuka honey producer linked to the Gloriavale Christian Community, has entered liquidation. On November 27, Brenton Hunt of Insolvency Matters was appointed as the liquidator. According to Hunt, the company was operated by members of the Gloriavale community.
Ownership Structure
Forest Gold Honey’s parent company, Christian Partners, is jointly owned by Faithful Pilgrim, Peter John Righteous, and Stephen Standfast. The company specialized in a range of honey products, including certified UMF (Unique Manuka Factor) mānuka honey.
Financial Challenges and Impact
The company’s financial struggles highlight the ongoing challenges faced by niche honey producers in competitive markets. At the time of writing, liquidation proceedings are focused on assessing the company’s assets and liabilities to determine the best path forward for creditors.
Forest Gold’s liquidation signals broader challenges in the mānuka honey industry, which has faced rising production costs and market saturation.