Decision
 
Consent granted
Section 12(a) Overseas Investment Act 2005
Decision MakerOverseas Investment Office
Decision Date28 September 2018
InvestmentAn overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in approximately 4 hectares of freehold land located at 1865 – 1905 Clutha Valley Road, Greenfield.
ConsiderationWithheld under s9(2)(a) of the Official Information Act
ApplicantDanone Nutricia NZ Limited
European Public (42.9%)
United States Public (35.4%)
Various overseas persons (21.7%)
VendorR G Paterson Holdings Limited
New Zealand public (100%)
BackgroundThe relevant land adjoins existing land owned by the Applicant upon which it operates a milk processing facility. The facility produces dairy nutritional powders suitable for infant formulas.

The Applicant intends to expand the facility. In the short term, this expansion will be focused on reducing the environmental impact of the facility through the addition of a new boiler and waste water plant. The increased site will also provide additional car parking.

The expansion will likely make the facility more efficient and productive, result in the creation of three new jobs and reduce energy costs and carbon emissions.
More informationGlenn Shewan
Bell Gully
PO Box 4199
AUCKLAND 1140