16th May 2022 Acquisitions / ComCom
The Commerce Commission has identified concerns around the supply of cold storage in the Waikato and Bay of Plenty region in respect of Lineage Logistics’ proposed acquisition of Cold Storage Nelson.
The deal to acquire the 10-strong national portfolio falls over after failing to attract an equity backer.
Blue Sky meats suitor Andrew Lowe is making a top up payment of close to $47,000 for shares he bought prior to launching a formal takeover offer for the Southland meat processor.
Southern Lamb Investment’s proposed takeover of Southland meat processor Blue Sky has backing from shareholders holding 59.27%
The Overseas Investment Office has granted Australian fuel retailer Ampol permission to proceed with its $2bn purchase of Z Energy.
Independent directors and advisers say Southern Lamb’s $3 offer price falls short of recognising the full value of the Southland meat processor.
Southern Lamb Investments’ takeover offer of Blue Sky Pastures has gone unconditional after receiving more than 50% share acceptances.
The completion of Auckland pub group Good Spirits Hospitality’s conditional takeover of restaurant owner Nourish Group has been delayed until Q2.
The competition watchdog flags concerns over Life Health Foods’ proposed takeover of plant-based rival Chalmers Organics.
A $30m capex requirement and a desire for long-term sustainability are the motivations for Blue Sky Pastures investors Scott O’Donnell and Andrew Lowe to launch their takeover offer.
Lamb processing company Blue Sky Meats says it is potentially the target of a takeover.
The investor expands its new mānuka honey platform with the addition of a second business.
Seeka has completed its acquisition of Gisborne-based New Zealand Fruits in a deal that values the latter at $21m.
Seeka says it has entered an amalgamation agreement to acquire Gisborne packing business New Zealand Fruits Limited.
Healthcare and animal care company Ebos Group is buying Australian peer LifeHealthcare for A$1.17bn ($1.3bn). Ebos, which owns pet food brands Black Hawk and VitaPet, said today that it will MORE »
CEO Kevin Bowler tells the Ticker what he’s looking for in any acquisition – and it may not have to be in food.
Cookie Time will ramp up distribution of the boutique brand into mainstream grocery retail across the country.
The Auckland herbs and spices manufacturer has expanded into ready-to-make baking mixes with the buy-out.
Law firm Simpson Grierson’s latest M&A report puts a value of US$1.057bn on FountainVest Partners’ purchase of NZ pet food company Ziwi Peak – the third largest New Zealand deal this year.
Indevin New Zealand has completed its purchase of 100% of the shares of Villa Maria Estate Limited.
Sports nutrition retailer Sportsfuel has bought health food manufacturer Nothing Naughty.
The Christchurch investor follows its $30m purchase of Original Foods by acquiring the iconic dessert maker.
Me Today shareholders have approved the $36m purchase of King Honey with an overwhelming 99.99% vote in favour.
South Island Office invests $30m in its first food acquisition and says there are more deals in the pipeline.
Healthcare company Me Today has expanded its existing lifestyle, health and wellness businesses with the $36m purchase of manuka honey producer King Honey from Sky TV co-founder Terry Jarvis.
The CEO says global investor KKR will accelerate the premium pet food firm’s international expansion.
The deal sees Pioneer Capital exit and the food company fuelled to grow globally.
Dairyworks has sold its Deep South ice cream brand to seafood giant Talley’s for an undisclosed sum.
California-based Gallo Winery has bought New Zealand wine brand Nobilo for $202m from US owner Constellation Brands. Gallo Winery is one of the largest family-owned wineries in the world with MORE »