| Decision |
Consent Granted |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 29 September 2022 |
| Pathway(s) |
Benefit to New Zealand (Benefit to New Zealand - Farm land) |
| Investment |
A leasehold interest in approximately 8.5 hectares of land located at 100 Te Mata-Mangateretere Road, Havelock North |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant |
T&G Global Limited |
| Vendors |
Noel Patrick Cawston and Catherine Ann Cawston as Trustees of the Cawston Trust (Lessor) |
| Background |
The Applicant is a New Zealand-incorporated grower, distributer, marketer and exporter of a variety of fresh produce including apples. The Applicant’s wholly owned subsidiary, ENZAFruit New Zealand International Limited, will acquire the Investment and redevelop the land which is currently planted in older varieties of apples and pears, and will plant and grow high value Envy apples using the 2D planting system. We are satisfied that the redevelopment of the land is likely to result in substantial economic benefit to New Zealand, through additional 3 FTE jobs, additional export receipts, and capital expenditure of $2.7 million. |
| More information |
Rachael O'Malley |
See the Assessment report linked below, which was published in response to an Official Information Act request:
Assessment reports for overseas investment decisions 202200205 and 202200342
- Last updated