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flag On Dec. 12, 2025, Ngāi Tahu became equal owners in Milford Sound Tourism, sharing control with two other groups.

flag On March 31, 2026, Ngāi Tahu Holdings and several Ngāi Tahu Papatipu Rūnaka will become equal shareholders in Milford Sound Tourism Limited, each holding 33.33% alongside existing owners Real Group Ltd and Skeggs Group Ltd, following Southland District Council’s sale of its 2% stake. flag The partnership, finalized after months of discussions, marks a major shift in stewardship, integrating Ngāi Tahu’s cultural guardianship with MSTL’s operational expertise to enhance environmental protection, visitor experiences, and authentic sharing of Māori heritage. flag The change, effective after a board meeting on December 12, 2025, aims to ensure long-term sustainability and resilience for Piopiotahi Milford Sound.

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