| Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 26 August 2025 |
| Pathway | Significant business assets |
| Investment | Acquisition of up to 30% of the ordinary shares in Forsyth Barr Group Limited |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicants | Mercury Capital 22-A, B, C, and D Pty Limited New Zealand 49% Australia 15% United States of America 12% Germany 7% Various 17% |
| Vendor | Forsyth Barr Custodians Limited New Zealand 100% |
| Background | The Applicant is ultimately owned by Mercury Capital Investments Pty Limited, an Australian based private equity firm, that focuses on investing in established Australian and New Zealand private businesses. The Applicant is acquiring up to 30% of the ordinary shares in Forsyth Barr Group Limited, an investment services company based in New Zealand. Consent was granted as the Applicant has met the investor test criterion. |
| More information | Tim Mitchelson Harmos Horton Lusk Limited Vero Centre, Level 33/48 Shortland Street Auckland 1010 |