| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 27 February 2024 |
| Pathway(s) | Sensitive land - Residential land development (one-off) |
| Investment | Acquisition of approximately 0.0736 hectares of residential land at 11 Carbine Road, Mt Wellington, Auckland for non-residential purposes. |
| Consideration | Withheld under s.9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Coca-Cola Europacific Partners New Zealand Limited United States of America 41% Spain 37% United Kingdom 7% Various 15% |
| Vendor | XYX Investment Ltd New Zealand 100% |
| Background | The Applicant is one of the largest manufacturers and distributers of ready to drink beverages in New Zealand. The Applicant carries out its manufacturing and distribution activities at 19 Carbine Road, Mt. Wellington, Auckland. The Applicant wants to expand the size of its facilities and requires the adjoining land at 11 Carbine Road, Mt. Wellington to achieve this purpose. Consent was granted as the Applicant met the investor test criterion and the non-residential use test criteria. |
| More information | Angela Demoor The Oasis 19 Carbine Road Mt. Wellington Auckland 1060 |