Applicant
Windcave LLC
Case number(s)
202500214
Decision date
Type
Decision
Decision

Consent granted
Section 13(1)(a) Overseas Investment Act 2005

Decision maker

Toitū Te Whenua Land Information New Zealand

Decision date

24 April 2025

Pathway

Significant business assets only

Investment

The acquisition of 100% of the shares in Windcave Limited (NZ company number 954634).

Asset value

Withheld under s9(2)(b)(ii) of the Official Information Act 1982

Applicant

Windcave LLC
New Zealand 100%

Vendor

Andrew John Cullen
New Zealand 100%

Background

The Applicant is a newly created United States registered company wholly owned by the Vendor. Windcave Limited is part of the Windcave Group of companies, which is a global payment technology business. The Investment is a corporate restructure which will result in the Applicant acquiring and holding the assets of the Windcave Group of companies. 

Consent was granted as the Applicant has met the investor test criterion.

More information

Glenn Shewan
Bell Gully (Auckland)
PO Box 4199
AUCKLAND 1140