January to December 2001
Overseas Investment Commission
Decisions
Commentary and Index prepared by CAFCA
Contents
Government changes its mind, allows sale of half of
Sealords to Nissui of Japan
Visy Packaging of Australia buys packaging business
from Southcorp
Land for forestry
Tasman Agriculture buys another farm in Southland
Woollastons in 20/80 vineyard interest with U.S.
millionaire Glenn Schaeffer
Other rural land sales
Allied Domecq of the U.K. gets approval to acquire
100% of Montana but…
NRMA of Australia buys State Insurance from Norwich/CGNU
of the U.K.
Swift energy buys leasehold land for Rimu Prospect
petroleum production
Land for forestry
Fishing lodge near Queenstown from Australian to U.S.
owners
Other rural land sales
Carter Holt buys Kawerau
Pulp Mill from Norske Skogindustrier
Rubicon buys Challenge
Petroleum and Trees and Technology from Fletchers
Sky City buys Force
Corporation
QBE Insurance buys HIH’s New
Zealand operation
Juken Nissho buys more land
for its Kaitaia mills
Highland Timber, U.K., buys
further 1,182 hectares in Waikato and Waitomo
Other land for forestry
Woollastons Estates buy more
land in Nelson
Other land for viticulture
More land for Martha Mine,
Waihi
More land for Earnscleigh
Gold Project, Otago
U.K. resident buys land to expand
Glentui Camp, Canterbury
Fosters Brewing buys Matua
wines group
SK Foods International of
the U.S.A. takes control of Cedenco Foods
Approval for SEA Holdings
(Hong Kong) to buy remainder of Trans Tasman
Canterbury Meat Packers Ltd
to establish meat works in Greatford, Manawatu…
… and Eddie Tonks and
Rangatira sell out of ANZCO Foods
P & O buys Eskimo’s
coldstore business
Korean company buys 14
hectares for sawmill at Ruakaka, Northland
Southland Plantation of
Japan buys more land for eucalypts
U.K. interests buy Aroha
Hills, Manawatu, for deer farming
Hong Kong investor buys two
Hastings properties for vineyards
Australian lease-back
Delegat’s of viticultural assets in Hawkes Bay
McCain Foods of Canada buys
Hastings land to expand processing plant
German buys second Waitomo
station
Other rural land sales
One application declined
PDL sold to Schneider
Electric Industries of France
Westfield buys AXA out of
Manukau City Centre
Macquarie buys The Gate,
Penrose, for industrial complex
McCain buys Heinz-Wattie’s
Feilding potato and vegetable processing business
Carter Holt buys back a
lifestyle property at Waipu, Northland
Land for forestry
Land for wine
U.S. sheep farmer with
fetish for new breeds buys another 220 ha near Waitomo
Other rural land sales
One refusal
Sumitomo’s Nelson Pine
Industries Ltd buys Mataura MDF plant from Rayonier
Siemens of Germany buys
maintenance division of UnitedNetworks
Most details of Lord of the Rings film companies remain suppressed
Austrian buys into Remarkables
Park resort development in Queenstown
Land for forestry
Land for wine
Mount Creighton Station
owners buy neighbouring 33,000 ha. Branches Station
Other rural land sales
On Energy gets approval to
acquire Genesis’ retail electricity meters
Ford sells its Wiri alloy
wheels manufacturing business
British Telecom fails to
sell out of Clear Communications
Bernard Matthews fails in
attempt to take over Richmond
The Warehouse in joint
venture with Westpac to run The Warehouse Card
Hikurangi Forest Farms of
Malaysia buys 845 hectares in two Gisborne stations
Land for forestry
Land for wine
Mark Blakes’ family sells
him “Poronui Ranch”, Taupo
Other rural land sales
August
2001 decisions
Westfield buys lease of
carparks at Manukau City Centre from Fletcher Property
CDL Land buys more land for
subdivision in Browns Bay, Auckland
Black family get permission
to buy Donaghys’ share of Craig Pine Timber
Belgian-owned company buys
50% share in Roa Mine
Soper Group of U.S.A. buys
1,278 ha. in Hokonui, Southland, wants 10,000 ha.
Other land for forestry
Sacred Hill gains Hong Kong
shareholding and land in Marlborough
Other land for wine
Other rural land sales
Baycorp becomes Australian
company after merger with Data Advantage
Canterbury Meat Packers of
Japan take over Phoenix Meat Company
Banking consortium and Repco
management buy Repco NZ’s business
McCain Foods of Canada takes
assets of Feilding Potato Storage Ltd
Jossco of Australia
re-leases Auckland’s only specialised grain storage facility
Bridgestone/Firestone has
new Auckland premises built by AMP for lease back
Land for forestry
Land for wine
Otamatapaio Station owners
buy Holbrook, Rollesby and Glenrock Stations
Part of Glenmore Station,
Southland, sold to U.S. and Canadian investors
U.K. company buys
Pauatahanui land to prevent Anglicans subdividing
Other rural land sales
Assa Abloy takes over
Interlock group
Canterbury Waste Services
acquires more land for regional landfill
Shell Todd buys land as part
of oil and gas exploration south of Kapuni
Palmerston North golf course
to Uruguay company
Land for forestry
Land for wine
Telecom Mobile buys land on
Kaikoura Island, Hauraki Gulf, for cell site
Other rural land sales
TelstraSaturn takes over
Clear
O’Reilly moves ownership of
Wilson and Horton to APN, Australia
AXA takes over Sterling
Grace
Financial consortium buys
Pacific Brands from Pacific Dunlop
Takapuna Golf Course sold to
another Korean when owner leaves country
Land for forestry
Land for wine
U.S. investors to develop
fishing lodge and tourism on Ruakituri River, Gisborne
Other rural land sales
Swift Energy (U.S.A.) buys
Southern Petroleum and TAWN gas fields from Shell
Soper Group of U.S.A. buys
further 1,189 ha. at Clutha, Otago
Other land for forestry
Land for wine
Part of Remarkable Station,
Queenstown, sold for “world class golfing resort”
U.S. investors buy land near
Mohaka River for forestry and fishing lodge
Other rural land sales
Numbers of deleted or released decisions before appeal
Compiled by: Campaign Against Foreign Control of Aotearoa,
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