Kaikohe's Omapere Rangihamama (Omapere Taraire E & Rangihamama 3xA Ahu Whenua) Trust has signed a five-year agreement with Westervelt Owhaoko Honey Ltd, to the delight of trust chairman Raniera Tau.
"Beekeeping and honey extraction is an exciting industry, and has the potential to increase our contribution to the local economy," he said.
"This relationship is about shared responsibility, diversifying our respective portfolios within the trust organisation and management."
The strategic direction and intent for ORT was to manage the land and its resources to their fullest economic potential, to advance positive social change for whanau, trustee Dr Te Tuhi Robust saying a considered, measured approach had been taken to ensuring that an agreement had been reached with the right people.
"We are confident that we are meeting our obligations to our shareholders and beneficiaries," he said.