| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 5 September 2025 |
| Pathway | Sensitive land - Benefit test |
| Investment | Acquisition of up to 100% of the shares in Van Zanten Flowerbulbs NZ Limited which gives an interest in approximately 8.6 hectares of sensitive land located at 175-189 Rakaia Barhill Methven Road, Rakaia, Ashburton. |
| Consideration | Withheld under s9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | P.F. Onings B.V. Netherlands 100% |
| Vendor | Van Zanten Flowerbulbs B.V. Netherlands 100% |
| Background | P.F. Onings is a global trader of lily bulbs that is ultimately owned by a Dutch family. The land is currently used to process and package lily bulbs for export. The Applicant will continue this use and plans to invest in facilities on the land. The main benefits that are likely to result from this Investment are economic in the forms of increased export receipts, capital investment, increased processing volumes and job creation. Consent was granted as the Applicant has met the investor test criterion and the investment is likely to result in benefit to New Zealand. |
| More information | Lance Jones Anthony Harper PO Box 2646 Auckland 1146 |