Harmos Horton Lusk congratulates the NPD team and PwC New Zealand on winning the M&A Transaction of the Year Award at this month’s 2025 INFINZ Awards, for the management buyout of NPD. The annual INFINZ Awards are the premier finance awards in New Zealand and recognise innovation and excellence in New Zealand’s financial sector ecosystem.
Harmos Horton Lusk was the M&A legal adviser to the founding family shareholders in NPD on the transaction, which involved a sale of a majority shareholding to the CEO. NPD is an independent business that has been supplying fuel to the New Zealand market for over 50 years. The sale marked a significant milestone for NPD, transitioning from many decades of family ownership while allowing the business to remain 100% New Zealand owned and operated.