Duco Events directors announce 'complicated' split

Duco Events directors David Higgins and Dean Lonergan have announced they are parting ways.

Newshub reports the pair were behind the NRL Auckland Nines and the successful promotion of heavyweight boxing world champion Joseph Parker.

"We had a great journey and produced some amazing results but we both agree it is time to go our separate ways," Mr Higgins said in a statement.

Mr Lonergan said the partnership had been hugely successful but had now run its natural course.

"I wish David all the best," Mr Lonergan said.

The pair say uncoupling their shared business interests will be a "complicated process that will take some time" - however they say it won't affect Duco's day-to-day operations.

Mr Parker said he didn't believe the split would have an impact on his attempt to unify the heavyweight belts.

"We've already done a significant amount of work preparing for my next fight and I am really looking forward to it. For me, it's business as usual," he said.