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ANZCO Foods

Full company profile

uuid0005n6k

Namestring
ANZCO Foods
Legal namestring
ANZCO Foods Limited
Websiteurl
anzcofoods.com
Company typeenum
Private
Founded yearint
1994
Descriptiontext

ANZCO Foods Limited is a privately held New Zealand meat processing and export company founded in 1994 and headquartered in Christchurch, operating as a consolidated subsidiary of Japan's Itoham Yonekyu Holdings. The company operates 11 processing sites across the country—including dedicated beef, lamb, and feedlot (Five Star Beef) facilities—and sources livestock from New Zealand farmers through farm assurance programs NZFAP and NZFAP Plus, audited by QCONZ on a three-year cycle. ANZCO exports premium grass-fed beef and lamb to food companies, food service operators, and retailers across Oceania, Europe (with a UK sales office), North America, and selected Asian markets; it also operates ANZCO Bioscience, a healthcare ingredients unit positioned as a global-impact health science business, and licenses the Angel Bay meal-solutions brand for beef and lamb patties into food service and retail channels.

Its core platform comprises multi-site primary processing of beef and lamb, downstream further-processing into patties and meal solutions, and a parallel bioscience stream. The value chain is vertically integrated upstream through farmer supply contracts (with premium payments tied to NZFAP Plus accreditation) and downstream through direct B2B sales to enterprise food companies, food service operators, and grocery retailers, supported by an international sales office in the UK for European distribution. Brand-building is anchored by the Title Partnership of IRONMAN New Zealand, athlete ambassador programs, the Nutrition Mission podcast, and an extensive recipe and content library.

The revenue model is primarily transactional sale of red meat and meal-solution products, complemented by licensing/royalty-style economics from ANZCO Bioscience. ANZCO does not publicly disclose consumer pricing; supplier-side pricing signals a NZ$0.10/kg CW premium on contracted, in-spec lamb, prime steer/heifer, and bull for NZFAP Plus accredited producers. The most material near-term commercial move is the announced acquisition of Greenlea Group for approximately NZ$800 million (expected close end-August 2026), which is intended to position ANZCO Foods as the most profitable meat company in New Zealand.

Short descriptiontext

ANZCO Foods is a New Zealand-based meat processor and exporter—subsidiary of Japan's Itoham Yonekyu Holdings—operating 11 processing sites to produce and globally export premium grass-fed beef, lamb, Angel Bay meal solutions, and ANZCO Bioscience healthcare products to large food companies, food service operators, and retailers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersChristchurch, New Zealand
HQ citystring
Christchurch
HQ countrystring
New Zealand
HQ regionstring
Oceania
Markets served

Serves global market

Offices12 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
red meat processing, beef and lamb export, meal solutions manufacturing, food service supply, bioscience product development
Industry2 codes
1Frozen Meat & Poultry Meals & Value-Added Proteins
CodeCRADADAHPrimaryYes
2Canned Meat, Poultry & Seafood Manufacturing
CodeAFAKACADPrimaryNo
NAICS code3 codes
  • Animal Slaughtering and Processing3116
  • Animal (except Poultry) Slaughtering311611
  • Meat Processed from Carcasses311612
SIC code1 code
  • Meat Packing Plants2011
Product category
Red Meat Processing and Export
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Red Meat Exports (Beef and Lamb)
TypeTransaction Fee
Description

ANZCO Foods works with New Zealand farmers to source and process premium beef and lamb for global export markets. The company supplies to some of the world's largest food companies.

anzcofoods.com:443
2Meal Solutions
TypeTransaction Fee
Description

Combines beef and lamb with convenience through fast, tasty and nutritious meal solutions for food service and retail customers, including products like Angel Bay burger patties.

anzcofoods.com:443
3Healthcare / Bioscience
TypeLicensing Royalties
Description

Beyond red meat, ANZCO pioneers innovative healthcare solutions with global impact, improving and saving lives worldwide through ANZCO Bioscience.

anzcofoods.com:443
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1Angel Bay
Description

Meal solutions brand offering beef and lamb patties for food service and retail customers

anzcofoods.com
+1 more record
Core offering1 text field

ANZCO Foods processes premium New Zealand beef and lamb sourced from local farmers through 11 processing sites, exporting to global food companies, food service operators, and retail customers. It also manufactures value-added meal solutions under the Angel Bay brand (including beef and lamb patties) and operates ANZCO Bioscience for healthcare and bioscience applications.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

ANZCO Foods is a New Zealand-based meat processing and export company operating a multi-brand portfolio. The core offerings consist of premium beef and lamb products (ANZCO Foods Beef and ANZCO Foods Lamb), complemented by value-added meal solutions through the Angel Bay sub-brand (beef and lamb patties). Beyond red meat, the company maintains ANZCO Bioscience as a healthcare innovation unit. The company operates processing facilities across New Zealand and maintains international offices to serve global customers.

Product and service5 records
1ANZCO Foods Beef
CategoryRed meat - beef
Description

Premium grass-fed beef products processed in New Zealand and exported to global food companies, food service operators, and retail customers seeking quality-assured origin and supply.

2ANZCO Foods Lamb
CategoryRed meat - lamb
Description

Premium grass-fed lamb products processed in New Zealand and exported globally to food companies, food service operators, and retail customers seeking traceable, quality-assured lamb supply.

3Angel Bay Meal Solutions
CategoryValue-added meal solutions
Description

Value-added beef and lamb meal solutions including burger patties (100% Beef Patty, lamb patties, etc.) sold under the Angel Bay brand to food service operators and retail customers seeking convenient, ready-to-cook premium protein products.

4100% Beef Patty
CategoryValue-added meal solutions - beef patty
Description

Beef patties available in 110g and 180g sizes, produced and sold as a ready-to-cook product under the ANZCO Foods Beef brand.

5ANZCO Bioscience
CategoryHealthcare and bioscience products
Description

Healthcare and bioscience division of ANZCO Foods developing innovative healthcare solutions derived from the company's protein platform, with a stated mission to improve and save lives worldwide.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
1Agri Intel
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Canterbury-based consultancy supporting New Zealand farmers through strategic initiatives for farm performance and NZFAP Plus accreditation. Partnership offers ANZCO producers two hours free consulting, $1,500 Silver accreditation deal, and co-branded templates.

anzcofoods.com
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Official audit provider for NZFAP and NZFAP Plus certification. ANZCO Foods is a participating member of both programs. Certification maintained through audits every three years.

Strategic tierFlagshipTypeGTM or Marketing Partner
Description

ANZCO Foods is the Title Partner of IRONMAN New Zealand, one of the world's most iconic endurance events. The partnership provides athletes with gold standard nutrition from beef and lamb, enhancing brand visibility and community engagement.

Strategic tierMinorTypeGTM or Marketing Partner
Description

ANZCO Foods is a proud sponsor of the Tokomanawa Queens rugby team, supporting community sports and local athletes.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Australian arm of the global JBS protein platform, operating beef and lamb processing and exports across Oceania; competes with ANZCO for premium grass-fed red meat buyers in Asia and the Middle East.

TypeDirect peer
Description

NZ farmer-owned cooperative processing and exporting sheep, lamb, beef and venison worldwide; competes with ANZCO for the same NZ farmer supplier base and overseas customer accounts.

TypeBroad incumbent
Description

Major Japanese meat and processed-foods incumbent and a peer of ANZCO's parent Itoham Yonekyu; similar global red-meat sourcing, processing and Asia distribution model.

TypeDirect peer
Description

NZ-based beef, lamb and venison processor with global export reach, owned by Talley's Group; direct competitor in NZ red-meat processing for food-service and retail customers.

5Greenlea Group
TypeDirect peer
Description

Waikato-based NZ beef processor being acquired by ANZCO for NZ$800m; comparable on slaughtering, processing, and foodservice supply of beef primals.

TypeRegional player
Description

Long-standing NZ meat processor and exporter serving the Pacific and Asia; comparable red-meat processing activities to ANZCO with a smaller footprint.

TypeDirect peer
Description

New Zealand's largest red meat processor and exporter, marketing premium beef, lamb and venison globally; directly comparable to ANZCO on product mix, NZ-based processing footprint, and global export channels.

TypeDirect peer
Description

NZ producer of grass-fed venison, beef and lamb for premium export markets; competes with ANZCO in the same value-added, farm-assured red meat category.

TypeRegional player
Description

Western Australia-based beef processor supplying premium grass-fed beef domestically and into Asia; comparable product positioning (grass-fed premium beef) to ANZCO, though primarily Australian rather than NZ.

TypeBroad incumbent
Description

Global agri-food giant operating beef, lamb and value-added protein businesses across multiple continents; comparable as a large-scale, multi-region protein processor and exporter with a foodservice/retail customer mix.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries12 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

ANZCO Foods

Red Meat Processing and Exportanzcofoods.com

ANZCO Foods is a New Zealand-based meat processor and exporter—subsidiary of Japan's Itoham Yonekyu Holdings—operating 11 processing sites to produce and globally export premium grass-fed beef, lamb, Angel Bay meal solutions, and ANZCO Bioscience healthcare products to large food companies, food service operators, and retailers.

What ANZCO Foods does

ANZCO Foods Limited is a privately held New Zealand meat processing and export company founded in 1994 and headquartered in Christchurch, operating as a consolidated subsidiary of Japan's Itoham Yonekyu Holdings. The company operates 11 processing sites across the country—including dedicated beef, lamb, and feedlot (Five Star Beef) facilities—and sources livestock from New Zealand farmers through farm assurance programs NZFAP and NZFAP Plus, audited by QCONZ on a three-year cycle. ANZCO exports premium grass-fed beef and lamb to food companies, food service operators, and retailers across Oceania, Europe (with a UK sales office), North America, and selected Asian markets; it also operates ANZCO Bioscience, a healthcare ingredients unit positioned as a global-impact health science business, and licenses the Angel Bay meal-solutions brand for beef and lamb patties into food service and retail channels.

Its core platform comprises multi-site primary processing of beef and lamb, downstream further-processing into patties and meal solutions, and a parallel bioscience stream. The value chain is vertically integrated upstream through farmer supply contracts (with premium payments tied to NZFAP Plus accreditation) and downstream through direct B2B sales to enterprise food companies, food service operators, and grocery retailers, supported by an international sales office in the UK for European distribution. Brand-building is anchored by the Title Partnership of IRONMAN New Zealand, athlete ambassador programs, the Nutrition Mission podcast, and an extensive recipe and content library.

The revenue model is primarily transactional sale of red meat and meal-solution products, complemented by licensing/royalty-style economics from ANZCO Bioscience. ANZCO does not publicly disclose consumer pricing; supplier-side pricing signals a NZ$0.10/kg CW premium on contracted, in-spec lamb, prime steer/heifer, and bull for NZFAP Plus accredited producers. The most material near-term commercial move is the announced acquisition of Greenlea Group for approximately NZ$800 million (expected close end-August 2026), which is intended to position ANZCO Foods as the most profitable meat company in New Zealand.

ANZCO Foods firmographics

Firmographics
Name
ANZCO Foods
Legal name
ANZCO Foods Limited
Website
https://anzcofoods.com
Company type
Private
Founded year
1994
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
ANZCO Foods is a New Zealand-based meat processor and exporter—subsidiary of Japan's Itoham Yonekyu Holdings—operating 11 processing sites to produce and globally export premium grass-fed beef, lamb, Angel Bay meal solutions, and ANZCO Bioscience healthcare products to large food companies, food service operators, and retailers.
Ownership category
akta.pro rank

ANZCO Foods industry classification

Industry
Product category
Red Meat Processing and Export
NAICS
Animal Slaughtering and Processing (3116), Animal (except Poultry) Slaughtering (311611), Meat Processed from Carcasses (311612)
SIC
Meat Packing Plants (2011)
akta.pro primary industry
Frozen Meat & Poultry Meals & Value-Added Proteins (CRADADAH)
akta.pro secondary industry
Canned Meat, Poultry & Seafood Manufacturing (AFAKACAD)

Keywords

  • Red meat processing
  • Beef and lamb export
  • Meal solutions manufacturing
  • Food service supply
  • Bioscience product development

Where ANZCO Foods is headquartered

Location

Headquarters

HQ city
Christchurch
HQ country
New Zealand
HQ region
Oceania

Offices12 records

Markets served

ANZCO Foods business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Red Meat Exports (Beef and Lamb): ANZCO Foods works with New Zealand farmers to source and process premium beef and lamb for global export markets. The company supplies to some of the world's largest food companies.
  2. Meal Solutions: Combines beef and lamb with convenience through fast, tasty and nutritious meal solutions for food service and retail customers, including products like Angel Bay burger patties.
  3. Healthcare / Bioscience: Beyond red meat, ANZCO pioneers innovative healthcare solutions with global impact, improving and saving lives worldwide through ANZCO Bioscience.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

ANZCO Foods product offering

Product offering

Core offering

ANZCO Foods processes premium New Zealand beef and lamb sourced from local farmers through 11 processing sites, exporting to global food companies, food service operators, and retail customers. It also manufactures value-added meal solutions under the Angel Bay brand (including beef and lamb patties) and operates ANZCO Bioscience for healthcare and bioscience applications.

Product overview

ANZCO Foods is a New Zealand-based meat processing and export company operating a multi-brand portfolio. The core offerings consist of premium beef and lamb products (ANZCO Foods Beef and ANZCO Foods Lamb), complemented by value-added meal solutions through the Angel Bay sub-brand (beef and lamb patties). Beyond red meat, the company maintains ANZCO Bioscience as a healthcare innovation unit. The company operates processing facilities across New Zealand and maintains international offices to serve global customers.

Differentiator

Problem solved

Functional benefit

Brands

  • Angel Bay: Meal solutions brand offering beef and lamb patties for food service and retail customers
  • Five Star Beef

Products and services

  • ANZCO Foods Beef Premium grass-fed beef products processed in New Zealand and exported to global food companies, food service operators, and retail customers seeking quality-assured origin and supply.
  • ANZCO Foods Lamb Premium grass-fed lamb products processed in New Zealand and exported globally to food companies, food service operators, and retail customers seeking traceable, quality-assured lamb supply.
  • Angel Bay Meal Solutions Value-added beef and lamb meal solutions including burger patties (100% Beef Patty, lamb patties, etc.) sold under the Angel Bay brand to food service operators and retail customers seeking convenient, ready-to-cook premium protein products.
  • 100% Beef Patty Beef patties available in 110g and 180g sizes, produced and sold as a ready-to-cook product under the ANZCO Foods Beef brand.
  • ANZCO Bioscience Healthcare and bioscience division of ANZCO Foods developing innovative healthcare solutions derived from the company's protein platform, with a stated mission to improve and save lives worldwide.

Companies that use ANZCO Foods

Customer profile

Named customers1 record

Segments4 records

Ideal customer profiles4 records

ANZCO Foods technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

ANZCO Foods partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core, flagship and minor.

  • Agri IntelcoreStrategic or Co-development PartnerCanterbury-based consultancy supporting New Zealand farmers through strategic initiatives for farm performance and NZFAP Plus accreditation. Partnership offers ANZCO producers two hours free consulting, $1,500 Silver accreditation deal, and co-branded templates.
  • QCONZcoreStrategic or Co-development PartnerOfficial audit provider for NZFAP and NZFAP Plus certification. ANZCO Foods is a participating member of both programs. Certification maintained through audits every three years.
  • IRONMAN New ZealandflagshipGTM or Marketing PartnerANZCO Foods is the Title Partner of IRONMAN New Zealand, one of the world's most iconic endurance events. The partnership provides athletes with gold standard nutrition from beef and lamb, enhancing brand visibility and community engagement.
  • Tokomanawa QueensminorGTM or Marketing PartnerANZCO Foods is a proud sponsor of the Tokomanawa Queens rugby team, supporting community sports and local athletes.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

ANZCO Foods competitors and assessment

Company assessment

Broad incumbents

  • JBS Australia: Australian arm of the global JBS protein platform, operating beef and lamb processing and exports across Oceania; competes with ANZCO for premium grass-fed red meat buyers in Asia and the Middle East.
  • NH Foods (Nippon Ham): Major Japanese meat and processed-foods incumbent and a peer of ANZCO's parent Itoham Yonekyu; similar global red-meat sourcing, processing and Asia distribution model.
  • Cargill Protein & Salt: Global agri-food giant operating beef, lamb and value-added protein businesses across multiple continents; comparable as a large-scale, multi-region protein processor and exporter with a foodservice/retail customer mix.

Direct peers

  • Alliance Group: NZ farmer-owned cooperative processing and exporting sheep, lamb, beef and venison worldwide; competes with ANZCO for the same NZ farmer supplier base and overseas customer accounts.
  • AFFCO New Zealand: NZ-based beef, lamb and venison processor with global export reach, owned by Talley's Group; direct competitor in NZ red-meat processing for food-service and retail customers.
  • Greenlea Group: Waikato-based NZ beef processor being acquired by ANZCO for NZ$800m; comparable on slaughtering, processing, and foodservice supply of beef primals.
  • Silver Fern Farms: New Zealand's largest red meat processor and exporter, marketing premium beef, lamb and venison globally; directly comparable to ANZCO on product mix, NZ-based processing footprint, and global export channels.
  • Firstlight Foods: NZ producer of grass-fed venison, beef and lamb for premium export markets; competes with ANZCO in the same value-added, farm-assured red meat category.

Regional players

  • Wilson Hellaby: Long-standing NZ meat processor and exporter serving the Pacific and Asia; comparable red-meat processing activities to ANZCO with a smaller footprint.
  • Harvey Beef: Western Australia-based beef processor supplying premium grass-fed beef domestically and into Asia; comparable product positioning (grass-fed premium beef) to ANZCO, though primarily Australian rather than NZ.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

ANZCO Foods social profiles

Digital presence

ANZCO Foods compliance and trust

Trust signal

Compliance3 records

ANZCO Foods financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ANZCO Foods leadership team

Management profile

Number of profiles

Profiles2 records

ANZCO Foods subsidiaries and ownership

Company hierarchy

Subsidiaries12 records

ANZCO Foods funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

ANZCO Foods M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ANZCO Foods

What does ANZCO Foods do?

ANZCO Foods processes premium New Zealand beef and lamb sourced from local farmers through 11 processing sites, exporting to global food companies, food service operators, and retail customers. It also manufactures value-added meal solutions under the Angel Bay brand (including beef and lamb patties) and operates ANZCO Bioscience for healthcare and bioscience applications.

Is ANZCO Foods a public or private company?

ANZCO Foods is a private company. It is classified as corporate owned and is currently operating.

When was ANZCO Foods founded?

ANZCO Foods was founded in 1994. It employs 1,001 to 5,000 people.

Where is ANZCO Foods based?

ANZCO Foods is headquartered in Christchurch, New Zealand, in the Oceania region.

How does ANZCO Foods make money?

Three revenue lines are on record. Red Meat Exports (Beef and Lamb) is the primary driver. The others are meal Solutions and healthcare / Bioscience.

Who are ANZCO Foods's main competitors?

Broad incumbents on record are JBS Australia, NH Foods (Nippon Ham) and Cargill Protein & Salt. Direct peers are Alliance Group, AFFCO New Zealand, Greenlea Group, Silver Fern Farms and Firstlight Foods. Regional players are Wilson Hellaby and Harvey Beef.

Does ANZCO Foods have an API?

No public API is recorded for ANZCO Foods.

What industry is ANZCO Foods in?

ANZCO Foods's product category is Red Meat Processing and Export. Its primary akta.pro industry code is CRADADAH, Frozen Meat & Poultry Meals & Value-Added Proteins, with a secondary code of AFAKACAD, Canned Meat, Poultry & Seafood Manufacturing. Its NAICS code is 3116 and its SIC code is 2011.

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Live signals
StuffIs this an OK way to treat an animal struggling to get up?Animal welfare activists Grassroots Campaigns Aotearoa obtained drone footage in July showing a worker at ANZCO's Five Star Beef feedlot near Ashburton, New Zealand, allegedly kicking, punching, and pulling a downed steer by its nostrils. The Ministry for Primary Industries confirmed it was reviewing the footage and its enquiries were continuing, while ANZCO defended the actions as following "established animal welfare procedures" with a trained staff member responding to an animal in need. The activist group is calling for a managed phase-out of feedlot operations and a moratorium on future feedlot development in New Zealand.RNZNew primary industry ventures revealed for foreign investors in New ZealandNew Zealand's Overseas Investment Office approved several foreign acquisitions in the primary industry sector during June, including forestry purchases by Ikea's Ingka Investments and HDI Haftpflichtverband der Deutschen Industrie. Other notable transactions involved ANZCO Foods expanding its Taranaki operations, Oceana Gold acquiring land for mining, and a Mormon Church subsidiary purchasing dairy and kiwifruit assets in the Bay of Plenty. These deals are part of over $24 billion in overseas investment transactions processed through the OIO between 2025 and 2026.NZ HeraldNew primary industry ventures revealed for foreign investors in New ZealandThe Overseas Investment Office (OIO) approved several foreign investment transactions in New Zealand's primary industries, including Ikea's Dutch subsidiary Ingka Investments Forest Assets acquiring a 350ha forest in Southland and German-owned Sustainable Forestry purchasing an 893ha forest near Stratford. Japan's majority-owned Anzco Foods bought property adjacent to its Eltham beef plant for staff accommodation, while North American-majority-owned Oceana Gold acquired freehold interest in sensitive land for its gold mining operations, and the Mormon Church's Farmland Reserve purchased a second kiwifruit orchard in Bay of Plenty. According to Land Information data, overseas investors poured over $24 billion into New Zealand transactions and bought into 106,000ha of land between 2025/26.