The New Zealand Wine Company

Foley Family Wines receives OIO Approval for Merger with NZWC

The New Zealand Wine Company Limited (NZWC) has been advised by Foley Family Wines NZ Limited (FNZ) this afternoon that the Overseas Investment Office (OIO) has approved FNZ’s application seeking consent to the proposed merger with NZWC.
 
NZWC shareholders approved the merger with FNZ at a Special Meeting of Shareholders in Blenheim yesterday.
 
Chairman, Alton Jamieson said that:
 
“Following on from receiving shareholder approval for the merger, I can now confirm that the remaining substantive merger condition has been satisfied.”
 
“For some time now we have been working with Foley Family Wines on the merger of our wine interests and we will now focus on the remaining administrative conditions to enable the merger to be completed on 1 September 2012.”
 
“We are all looking forward to getting on with integrating the two companies and working to achieve our objectives for the enlarged NZWC wine business.”
 
 
For further information please contact:
 
 
Alton Jamieson
Chairman
The New Zealand Wine Company Limited
PO Box 67, Renwick, Marlborough
Telephone number: 021 964 995
E Mail address: alton_jamieson@xtra.co.nz
Web site address: www.nzwineco.co.nz