Surf Life Saving New Zealand

Brandt Successfully Acquires Wairarapa Machinery

Retrieved on: 
Thursday, August 31, 2023

PUKEKOHE, New Zealand, Aug. 31, 2023 (GLOBE NEWSWIRE) -- The Brandt Group of Companies is pleased to announce that they have successfully acquired the assets of Wairarapa Machinery Services Ltd., effective August 31, 2023.

Key Points: 
  • PUKEKOHE, New Zealand, Aug. 31, 2023 (GLOBE NEWSWIRE) -- The Brandt Group of Companies is pleased to announce that they have successfully acquired the assets of Wairarapa Machinery Services Ltd., effective August 31, 2023.
  • “We are excited to welcome our 18th location in New Zealand, uniting the entire North Island under one dealer brand for Agriculture, Construction and Forestry equipment,” said Shaun Semple, CEO of Brandt.
  • Over the 2022 Holiday Season, Brandt directed $75,000 into several New Zealand organizations including the Cancer Society of New Zealand, The New Zealand Rural Support Charitable Trust, and Heart Foundation New Zealand.
  • Brandt was also proud to enter a partnership with Surf Life Saving New Zealand in which they support the organization by providing the John Deere equipment necessary to their operation.

Phoenix Holdings Reports Results for the First Quarter of 2023

Retrieved on: 
Wednesday, May 31, 2023

Phoenix Holdings Ltd., a leading Israel-based diversified financial, insurance, and investment group (TASE: PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the first quarter of 2023.

Key Points: 
  • Phoenix Holdings Ltd., a leading Israel-based diversified financial, insurance, and investment group (TASE: PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the first quarter of 2023.
  • As of March 31, 2023, equity amounted to 10 billion NIS after distributing dividends of 177 million NIS with respects to 2022 profits.
  • The Phoenix Insurance Company Ltd. (“Phoenix Insurance”) published an updated Solvency ratio of 211% with transitional measures and 149% without transitional measures as of December 31, 2022.
  • The total pre-tax profit for Q1 2023 was 28 million NIS, compared to NIS 12 million in the corresponding period last year.