Endeavour Group International (NZ) Limited
Case number(s)
Decision date
DecisionConsent granted
Section 12(1)(a) Overseas Investment Act 2005
Decision makerToitū Te Whenua Land Information New Zealand
Decision date04 March 2024
Pathway(s)Sensitive land - Farm land benefit test
InvestmentAcquisition of a freehold interest in approximately 17 hectares of land at 129 Waihopai Valley Road, Waihopai Valley, Marlborough.
ApplicantEndeavour Group International (NZ) Limited
Australia 99.7%
Various 0.3%
VendorAlexandra Lucy Trolove & Trolove Trustee Services Limited as Trustees of the DW Trolove Family Trust
New Zealand 100%

The Applicant is wholly owned by Endeavour Group Limited which is a publicly listed Australian company that predominately grows, manufactures, and sells premium wine.

The Land is currently used as a vineyard. The Applicant intends to continue to use the Land as a commercial vineyard but intends to make changes to the variety of grapes grown and the way grapes on the Land are harvested and sold.

The main benefits to New Zealand are likely to include increased productivity and efficiency, increased export earnings, further capital expenditure and job creation.

Consent was granted as the Applicant has met the investor test criterion and the Investment is likely to benefit New Zealand.

More informationSam Nelson
Lane Neave
PO Box 13-149