Milestones
With a rich history in Papua New Guinea, we’ve long played a major role in the economic growth and development of the nation.
Company established in Rabaul in 1912.
Walter Randolph Carpenter founded W.R. Carpenter & Co. Ltd. in Sydney, Australia. The company engaged in shipping and trading island produce in Papua, including copra, cocoa, trochus, beche-de-mer, and green snail shell.
The company expanded into New Guinea, establishing W.R. Carpenter & Co. (Papua New Guinea) Ltd., and began acquiring plantations, stores, and trading stations.
W.R. Carpenter & Co. established the first air service between Salamaua and Wau with two De Havilland Fox Moth aircraft.
The company launched a direct shipping line between Australia, the Western Pacific, and European ports, expanding operations.
W.R. Carpenter & Co. ventured into insurance, further diversifying its business interests
The company expanded its airline operations through a government-subsidized route between Rabaul and Australia.
Sigri Estate established, marking company entry into coffee cultivation in the Waghi Valley, Western Highlands Province.
The company began its coconut plantation operations in Rabaul, East New Britain Province.
Boroko Motors was established, becoming a key player in PNG’s transportation sector by supplying and servicing a range of vehicles and marine products.
The company became a dominant force in PNG’s copra industry, alongside Burns Philp.
WR Carpenter (PNG) Group established Daltron, marking its entry into the Information Technology sector.
The company expanded its retail operations by acquiring Courts, a specialized furniture and electrical retailer with operations in Port Moresby and Lae.
Our vision is to build our existing core businesses in Papua New Guinea by adapting to trends in the market and the environment.
We will thrive as we continue to diversify and find new opportunities in additional industries in Papua New Guinea and beyond.
With the diverse make up of people in our organisation and the nature of our resource base, we have the recipe for success.
Company structure
WR Carpenter (PNG) Group of Companies is structured to provide its customers with the best possible service.
MBf Holdings
Berhad
From National No1 Tea, to 4WD servicing at Boroko Motors, our businesses provide a huge range of important products and services for individuals and organisations.
Carpenter Automotive & Transport businesses play a vital role in everyday life for Papua New Guineans.
Our agriculture, processing and packaging operations integrate seamlessly to produce outstanding products for businesses and consumers.
As Papua New Guinea’s economy grows, businesses and consumers are increasingly looking to protect their investments and finance their personal and business dreams.
Our retail businesses offer customers outstanding value in appliances and electronics. Meanwhile, our technology business delivers innovative solutions.
Our brands are household names in Papua New Guinea. From icons such as National No1 Tea, through to vehicle batteries and even motor oil.