The "New Zealand Sugar Company" was formed in June 1883 by different conglomerates and businessmen that included the likes of LD Nathan, and Frederick Whitaker (former two-time Prime Minister and six-time Attorney-General of New Zealand), and was unaffected by the world sugar market collapse in the 1880s.
The "New Zealand Sugar Company" was formed in June 1883 by the Colonial Sugar Refining Company, the Victorian Sugar Company, and a number of prominent Auckland businessmen, including Sir Frederick Whitaker, Allan Kerr Taylor, LD Nathan (of Lion Nathan), and AG Horton and JL Wilson (of Wilson & Horton). However, a collapse in the world sugar market in the 1880s led the New Zealand Sugar Company to be re-amalgamated into its parent company Colonial Sugar in 1888. 
