| Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 9 May 2013 |
| Investment | An overseas investment in significant business assets, being the Applicant's acquisition of rights or interests in up to 40.0% of the shares of EBOS Group Limited, the value of the assets of EBOS Group Limited and its 25% or more subsidiaries being greater than $100m. |
| Asset Value | $657,999,000 |
| Applicant | The Zuellig Group Incorporated Zuellig family, Switzerland (100.0%) |
| Vendor | EBOS Group Limited New Zealand Public (88.51%) Accident Compensation Corporation (7.24%) Various overseas persons (4.25%) |
| Background | The Applicant intends to acquire up to 40% of the shares in EBOS Group Limited as part of the consideration for EBOS Group Limited’s acquisition of a subsidiary of The Zuellig Group Incorporated. The overseas investment transaction has satisfied the criteria in section 18 of the Overseas Investment Act 2005. |
| More information | Andrew Harmos/Nathanael Starrenburg Harmos Horton Lusk PO Box 28 Shortland Street AUCKLAND 1140 |