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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
5 mins to read

Craigmore’s assets jump to $1b within a decade

Overseas-backed sustainable farming company has invested heavily in horticulture in recent years.

Craigmore Sustainables is a specialist manager of farms and forests in New Zealand.

Liam Rātana Fri, 10 Nov 2023
Key points
  • What’s at stake: Craigmore Sustainables’ assets have surged from $150m in 2014 to $1b in less than 10 years, marking an exceptional growth trajectory in the rural investment sector.
  • BackgroundFounded in 2009 by South Island farmer-turned-banker Forbes Elworthy and his brother-in-law Mark Cox, Craigmore Sustainables is a specialist manager of farms and forests in New Zealand.
  • Key players: Craigmore Sustainables, Forbes Elworthy, Mark Cox.

One of the country’s largest rural investment companies has catapulted from managing $150 million in 2014 to having $1 billion in assets in just less than a decade.

Founded in 2009 by South Island farmer-turned-banker Forbes Elworthy and his brother-in-law Mark Cox, Craigmore Sustainables is a

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Liam Rātana Fri, 10 Nov 2023
Contact the Writer: liam@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • What’s at stake: Craigmore Sustainables’ assets have surged from $150m in 2014 to $1b in less than 10 years, marking an exceptional growth trajectory in the rural investment sector.
  • BackgroundFounded in 2009 by South Island farmer-turned-banker Forbes Elworthy and his brother-in-law Mark Cox, Craigmore Sustainables is a specialist manager of farms and forests in New Zealand.
  • Key players: Craigmore Sustainables, Forbes Elworthy, Mark Cox.
Craigmore’s assets jump to $1b within a decade
General Business,
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