| Decision | Consent Granted |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 22 April 2025 |
| Pathway | Significant business assets only |
| Investment | Acquisition of licence and concession to operate in the duty-free shopping premises of Auckland International Airport |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Lagardère Travel Retail New Zealand Limited |
| Vendor | Auckland International Airport Limited |
| Background | The Applicant is a travel retail company which is part of the Lagardère Group, an international travel retail and publishing group based in France; and listed on the Paris Stock Exchange. The Applicant is the successful tenderer to be the duty-free retailer at Auckland International Airport. The Applicant has been granted consent to enter into a licence with the Vendor (as Licensor) to operate the duty-free shopping premises of Auckland International Airport for a term of eight years. Consent was granted as the Applicant has met the investor test criterion. |
| More information | Tessa Baker |