NPD CEO Assumes 100% Ownership of NPD


NELSON, New Zealand – 22 May 2024

NPD Ltd, the New Zealand family-owned fuel distribution company, is delighted to announce a significant milestone. NPD CEO Barry Sheridan is now 100% owner of NPD Ltd.

Sheridan’s belief in the company’s potential has led him to become its sole owner. Sheridan, who has worked for NPD for 33 years (15 of those as CEO), says, “Keeping NPD locally-owned will ensure that it remains true to its values and vision for years to come.”

Since its founding in 1969, NPD has been steadily expanding. From its humble beginnings in Nelson, NPD has become popular for its value-based pricing and network of high-quality fuel sites. The launch into the North Island in 2020 marked a significant milestone, further solidifying NPD’s position as a serious distributor in the fuel market.

A commitment to innovation and customer satisfaction is at the heart of NPD’s success. From its signature 100Plus petrol, the only 100-octane fuel available at the pump in New Zealand, to its popular range of convenience foods, NPD continually strives to meet the diverse needs of its customers. The design and implementation  of efficient operating systems and retail models, including unmanned self-serve sites, has allowed NPD to provide competitively priced fuel while maintaining high service standards.

Previous majority shareholders Barry Milne and Pauline Field say, ”We are thrilled to see the company that our father started in the 1960’s will stay as a New Zealand-owned family business. We thank all our customers for their support over the years and look forward to seeing NPD grow, knowing it is in safe hands.”

Reflecting on this milestone, Sheridan expresses his gratitude to the dedicated team at NPD and the loyal customers who have been part of the journey. “The people and culture at NPD have enabled us to achieve a level of success that I am extremely proud of, but there is still so much more we can achieve together. As we look to the future, I am excited about the new opportunities that lie ahead.”

To reassure customers and team members, Sheridan goes on to say, “Under the new ownership model, it will be business as usual at NPD. Our continual drive in development and growth remains at the forefront of our business plans and strategies.”

As NPD embarks on this new chapter under Sheridan’s ownership, the company remains dedicated to driving innovation, sustainability, and excellence in everything it does. With a bright future ahead, NPD looks forward to continuing its journey of growth and success, with its valued customers and partners.


For media enquiries, please contact:

Ian Young, NPD CFO and NPD Spokesperson


Tel: 027 288 0133