Pan Pac Forest Products Limited
Case number(s)
Decision date

Consent granted
Section 12(1)(a) of the Overseas Investment Act 2005

Decision maker Toitū Te Whenua Land Information New Zealand
Decision date 14 August 2023
Pathway(s) Sensitive land – Special forestry test (one-off)
Investment Acquisition of a freehold interest in approximately 120.7585 hectares of land located at State Highway 2, Kotemaori, Northern Hawke’s Bay (Mohaka Bridge Forest).
Consideration $4,355,456

Pan Pac Forest Products Limited 
Japan 75.9% 
USA 10.9% 
United Kingdom 8.3% 
Various 4.9% 

Vendor Mohaka Bridge Forestry Limited 
United Kingdom 79.8%
USA 6.7%
New Zealand 5.6%
Various 7.9%

The Applicant is a fully integrated forest products company which has been operating in Hawke’s Bay since 1971. The Applicant is well known to LINZ having obtained several consents, most recently in 2022. 

The Land is currently planted with radiata pine. The Applicant plans to continue production forestry on the Land, harvesting by around 2028. 

Approximately 40.75 hectares will be unplanted, comprised of native bush (35 ha), infrastructure (5.45 ha) and buffer land (0.3 ha).

Consent was granted as the Applicant has met the investor test criterion and the special forestry test criteria.

More information

Lauren Archer
Level 18
125 The Terrace
Wellington 6140

Last updated