| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 29 August 2025 |
| Pathway | Sensitive land – Benefit test |
| Investment | Acquisition of a freehold interest in approximately 14.5 hectares of land at 40 Shaw Road, Pleasant Valley, Timaru. |
| Consideration | $1,414,000 |
| Applicant | Barker Fruit Processors Limited France 100% |
| Vendors | Aaron Brent Gorrie, Sarah Rachel Gorrie and Footes Trustees (2017) Limited New Zealand 100% |
| Background | The Applicant is a New Zealand company ultimately owned by Andros et Cie SAS. The Applicant is acquiring the land to enable the expansion of its existing fruit and vegetable processing facility, by increasing their wastewater discharge capacity. The main benefits to New Zealand are likely to be consequential through the development of the new facility which will see increased capital investment, productivity, exports and employment. The benefits derived from the land itself will be through increased capital expenditure. Consent was granted as the Applicant met the investor test criterion and the investment is likely to benefit New Zealand. |
| More information | Lance Jones Anthony Harper (Auckland) PO Box 2646 Auckland 1146 |
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