| Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 27 January 2026 |
| Pathway | Significant business assets |
| Investment | Acquisition of up to 100% of the voting securities in JDE Peet’s N.V. |
| Consideration | Withheld under s9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Kodiak Bidco B.V. United States of America 100% |
| Vendors | Shareholders of JDE Peet’s N.V. Netherlands 69% Various 31% |
| Background | The Applicant is a Dutch company, ultimately owned by Keurig Dr. Pepper Inc., a beverage company in North America that manufactures, distributes and sells hot and cold beverages and single brewing systems. The Applicant is acquiring JDE Peet’s N.V., a Dutch company listed on Euronext in Amsterdam. It is engaged in manufacturing, marketing, distribution and sale of a wide range of coffee products. Consent was required as the Applicant will acquire ownership of the New Zealand subsidiary, JACOBS DOUWE EGBERTS NZ Limited, through the transaction. Consent was granted as the Applicant met the investor test criterion. |
| More information | Tara Wylie Simpson Grierson Private Bag 92518 Auckland 1141 |