Why is NZME (ASX:NZM) acquiring print equipment from Stuff?

NZME (ASX:NZM) is acquiring the Petone print plant equipment from Stuff to lower operating costs and rightsized its production capacity. The company stated that the machinery is more modern, runs more efficiently, and will help maximize the ongoing profitability of its print operations.

What are the financial details of the NZME (ASX:NZM) acquisition?

NZME (ASX:NZM) expects the total investment, including relocation and installation, to reach up to NZ$15 million over the next two years. The company projects the deal will generate annual operating savings of around NZ$7 million and deliver cash flow payback within three years.

How does the new Petone equipment compare to the existing plant for NZME (ASX:NZM)?

NZME (ASX:NZM) stated that the acquired Petone equipment is about one-third the size of its current print plant. The company expects the smaller, more modern equipment to reduce wastage and improve overall productivity.

What is the timeline for NZME (ASX:NZM) to complete the facility transition?

NZME (ASX:NZM) will begin removing the equipment from the Petone site later this year and install it at a new facility over a two-year period. The company's existing lease at Ellerslie supports current printing operations through the end of 2028 to ensure continuous service for customers.

How will the acquisition impact the North Island market presence of NZME (ASX:NZM)?

NZME (ASX:NZM) stated that acquiring the equipment provides the capability to offer expanded third-party print options throughout New Zealand's North Island. The company plans to share further operational details during its half-year results release later this month.

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NZME buys print equipment for NZ$15M

Written by Heidi Cuthbert Published Aug 7, 2026, 12:40 AM

NZME acquires print equipment from Stuff's Petone facility to improve print profitability.
The total investment of up to NZ$15 million is projected to deliver NZ$7 million in annual operating savings.
The acquisition rightsizes production capacity while expanding third-party print capabilities across New Zealand's North Island.

NZME (ASX:NZM) has agreed to acquire print plant equipment from Stuff's Petone facility in an up to NZ$15 million deal.

The acquired Petone machinery is approximately one-third the size of the company's current plant and operates more efficiently.

"The Petone plant equipment is more modern, well maintained and right-sized for our current and future requirements," said NZME Chief Publishing Officer Matt Wilson.

The company stated that installation costs will span two years, with cash flow payback expected within three years alongside NZ$7 million in annual savings.

Following the announcement, the NZME share price was unchanged at $0.88.

NZME currently maintains a site lease at Ellerslie that supports ongoing printing operations through to the end of 2028.

The business expects to provide additional operational details during its half-year financial results release later this month.

NZME buys print equipment for NZ$15M

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