Tenon Limited

Source: Wikipedia, the free encyclopedia.

Tenon Limited
Company type
NZ$740 million (As of 2007)[2]
Number of employees
1300
DivisionsManufacturing and Distribution
Websitewww.tenonglobal.com

Tenon Limited was a

millwork building materials
to the professional trade and DIY homeowners.

Rubicon Forests Limited were the major shareholder, controlling a majority 57.37% as at early 2008.

In 2013 it reported it was on the "cusp of profitability" for the first time since the US housing market collapse.[3]

It was delisted from the New Zealand Stock Exchange on 5 July 2017[4] and put into liquidation in December 2017.[5] Liquidation of the company was completed in December 2018.[1] Liquidators' Final Report distributed 17 March 2020. Distribution to shareholders NZ$6,213,014.[6]

Operations

The company currently operates five plants, producing a variety of wood-based products:

The company also operates six full-service millwork distribution facilities:

References

  1. ^ a b "Public Notice of Appointment of Liquidators - Tenon Limited". New Zealand Gazette. Retrieved 31 January 2020.
  2. ^ "Tenon Limited annual results June 2007" (PDF). Tenon. 30 June 2007. Retrieved 13 September 2007. [dead link]
  3. ^ "High kiwi dollar hits Tenon's hopes". 3 News NZ. 21 February 2013. Archived from the original on 13 April 2013.
  4. ^ "Tenon Limited ("TEN") – Delisting". NZX. 5 July 2017. Retrieved 31 January 2020.
  5. ^ "Tenon says cash available to shareholders after liquidation likely to be US$4.7M". National Business Review. Retrieved 31 January 2020.
  6. ^ Mail to shareholders 17 March 2020

External links