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Overseas Investment Office – Decisions 2013

Foreign investment in Aotearoa/New Zealand

2013

Overseas Investment Office – Decisions

Commentary and Index prepared by CAFCA

(Note: the OIO decisions quoted here can be viewed here.)

Contents

January 2013 decisions

Americans To Buy UK Controlled Endace; Koreans Buy 1,000 Hectare Forest In Waihopai Valley; And Swiss Buys Into 1471 Hectare Ruakaka Station, Gisborne; Other January Decisions

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February 2013 decisions

Rayonier Takes Control Of Matariki Forests; Elworthy Sells Craigmore Farming; Westpac Cheapens Its New Zealand Funding Arrangements; Italians Now Interested In Our Forests; While Germans Grab 1,000 Hectare Farm Near Te Kuiti; Fletchers Plan Residential Development In Greenhithe; Aussies Grab NZ Wool Services Ltd; But Sell The Lake Grassmere Salt Farm; Confidential Decision

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March 2013 decisions

New Chinese-Owned Infant Formula Plant For Morven; And A Chinese Milk Powder Plant For Pokeno; NZ Super Fund Sells 14,000 Hectares To Chinese Government; Harvard Expands Its Central Otago Dairy Empire; And OceanaGold Expands Its Central Otago Mining Empire; Origin Sells Waihapa Energy Assets To Canadians; South Pacific Pictures Sold To Overseas Interests; Aussies Get Retrospective Permission To Buy FleetPartners; Other March Decisions

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April 2013 decisions

EnviroWaste Changes Hands; Harvard Restructures Its Kaingaroa Forest Investment; Chinese Buy Otuwhero Wines; Russian Gets Retrospective Consent For Waiwera Water; Another Ownership Restructure Of Walter Peak Station; Germans Grab Another Farm; Swiss Increases The Size Of His Mataka Station; Other April Decisions

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May 2013 decisions

Swiss Buy Controlling Stake In Ebos; Buffett Has An Appetite For Heinz; MYOB Expands; James Cameron Expands His Wairarapa Empire; Retirement Village Planned Next To Lower Hutt Golf Course; Residential Development Planned For South Auckland Golf Course; Chinese To Build New Geothermal Power Station Near Taupo; Tegel Sells And Leases Back A Number Of Properties; No 1 Queen St Sold; Other May Decisions

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June 2013 decisions

Aussie-Controlled Ingham Poultry Changes Hands; Canadians Buy Taipoi Forest; James Cameron Gradually Acquiring A Titanic Wairarapa Land Holding; Other June Decisions

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July 2013 decisions

“Confidential”, Chinese Buy 1,116 Ha On Karikari Peninsula; Another High Country Station Sold, This Time Ben Avon Station; And Brits Shuffle Ownership Of Allflex; Blakely Pacific Expands Forest Empire In Waimana

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August 2013 decisions

Americans Buy 27,000 Hectare Mt Pember Station; Americans Buy 4,000 Hectare Lilydale Station For Just $865 Per Hectare; Woolworths Makes An Ezibuy; Lenders Take Control Of Mediaworks; Hart Sells Another 500 Hectares To The Swedes; Other August Decisions

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September 2013 decisions

Dutch buy a half share of 23,471 acres; The Trust Company is “perpetually” Australian; Tag Oil sells Opunake Hydro to fellow Canadians; Hong Kong interests buy Marlborough vineyard; And Aussies grab another Marlborough vineyard; Other September Decisions

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October 2013 decisions

Bathurst buys 240 hectares at Waimangaroa; Talley’s joint venture buys additional fish quota; Thermo Fisher Scientific buys Life Technologies; Germans buy Vehicle Testing Group from the MTA; A further Aussie share shuffle of The Trust Company; Pasta moguls buy large Rakaia dairy farm; And English buy several Southland dairy farms; Other October Decisions

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November 2013 decisions

Australians Grab 42% Of Powerco; Office Depot Buys OfficeMax; Further Restructuring Of GFC WMDs; Aussies To Buy Cooperative Bank Mortgages; Two More Otago Farms Sold Overseas; Japanese Control Of Five Star Beef Diluted; English To Expand Boutique Waiheke Island Vineyard; Americans To Establish Another Redwood Forest; Aussie Buys Perpetual Trust; Other November Decisions

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December 2013 decisions

English Take Control Of Fullers; Aussies Grab More Of Elders; Bathurst Buys A Cranberry Farm; Swedes Buy The Late Sir Peter Tapsell’s Farm; Craigmore Buys Another Otago Dairy Farm; Other December Decisions

Numbers of deleted or released decisions before appeal

Jan 2013 Feb 2013 Mar 2013 Apr 2013 May 2013 Jun 2013 Jul 2013 Aug 2013 Sep 2013 Oct 2013 Nov 2013 Dec 2013 Total 2013
Deletions 1 4 4 5 4 3 2 2 2 4 6 4 41
Approvals 4 9 10 14 14 5 4 9 7 14 18 8 116

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