The investment gives Comvita a 20 per cent stake in the company.

Craigs Investment downgraded Comvita stock from 'buy' to 'hold'.

Comvita share prices suffers after deal falls through.

Supplier Synlait also rebounds strongly.

Company's stock worst performer, down 2.7 per cent.

Comvita lifts 2018 earnings outlook on 'grey market' recovery.

Myrtle Rust has been discovered in the Far North and Deutsche Bank downgraded the stock.

The second Procurement Awards were held at EY in Auckland last night

A poor honey harvest and China tightening informal trading channels has hurt profit.

China's clamp down on 'grey' market is blamed for honey firm's loss.

Comvita turned to a loss in the first half of its financial year after Chinese authorities cracked down on people selling its products through informal trading channels.

For Comvita, an unofficial "grey" channel into China has played a big part in its success, but a change in the rules has hit sales.

Some frustrated beekeepers have now declared our dismal summer the worst in two decades for honey-making - but it's still too early to say whether consumers will also feel a sting.

New Zealand shares.

Comvita has sold its Medihoney brand to US partner Derma Sciences for about $19 million, and will reap a further $11m selling shares.

Wall Street set the tone for the Asian trading session

Staff around the country were told a restructure could result in job losses at the honey and health products company.

Health foods company Comvita has formed a tie up with a Chinese distributor.

Comvita boosted annual profit 68 percent as Australian sales soared, overtaking New Zealand as the manuka honey company's largest market.

Brett Hewlett announced at the company's annual shareholders meeting today that he will be step down in March 2016.

Comvita beat its guidance with a 28pc gain in annual profit, saying purchases by Asian tourists helped drive sales.

Comvita, which produces health products from manuka honey and olive leaves, lifted annual profit 3.3 percent.

Natural health products company Comvita said it had agreed to buy NZ Honey from NZ Honey Producers Co-Operative in a $12.3m.