December 27, 2014 1:24 PM ET

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Company Overview of Sheridan N.Z. Limited

Company Overview

Sheridan N.Z. Limited engages in the import and distribution of bed and bath linen in New Zealand. The company is based in Wellington, New Zealand. Sheridan N.Z. Limited is a subsidiary of Pacific Brands Limited.

89 The Terrace

Wellington,  6143

New Zealand

Key Executives for Sheridan N.Z. Limited

Sheridan N.Z. Limited does not have any Key Executives recorded.

Sheridan N.Z. Limited Key Developments

Furthur Updates on Strategic Review of Pacific Brands

Macquarie Capital is believed to have drawn up a plan to sell Pacific Brands' flooring business, its Brand Collective division (formerly known as homewares, footwear and outerwear) and the workwear businesses, which comprises the iconic Hard Yakka and King Gee brands. There has also been speculation that Macquarie may recommend the sale of Pacific Brands' biggest and most valuable brands, Bonds and Sheridan. However, shareholders said that if Pacific Brands sold Bonds and Sheridan, which account for more than 30% of sales and 50% of earnings, it may as well break up the entire business. "If you're going to do that you may as well sell the whole thing," said another fund manager, who declined to be named. Speculation, that Pacific Brands may be considering wholesale changes to its portfolio, emerged in July.

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