| Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 08 December 2025 |
| Pathway | Significant business assets only |
| Investment | Acquisition of 91.88% of the shares in Winona R&G, LLC |
| Consideration | Withheld under s9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | WCP II CF, LP United States of America 81% Luxembourg 7% Various 12% |
| Vendor | Winona Capital Partners II, LP United States of America 93% Luxembourg 7% |
| Background | The Applicant, a Delaware limited partnership, is acquiring approximately 91.88% of the shares in Winona R&G, LLC which itself holds 57.3% of the preference shares in Rodd & Gunn New Zealand Limited, a menswear retailer. The investment is part of a larger global transaction. The Applicant and Vendor are both managed by Winona Capital Management, a Chicago-based private equity firm focused on investments in consumer facing industries. Consent was granted as the Applicant has met the investor test criterion. |
| More information | Matthew Woolley Quigg Partners PO Box 3035 Wellington 6140 |