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Woolworths seeks to acquire frozen food supplier Beak & Johnston in New Zealand

( January 6, 2025, 01:45 GMT | Official Statement) -- MLex Summary: Australian grocery retailer Woolworths Group is seeking to acquire 100 percent shares in frozen food manufacturer Beak & Johnston in New Zealand. In a statement today, the New Zealand Commerce Commission said that while Woolworths sells a range of branded ready-to-eat meals and slow-cooked meats through its outlets in the country, it doesn't manufacture any grocery products in New Zealand. The regulator said that Beak & Johnston manufactures and supplies a range of products including chilled and frozen ready-to-eat meals and slow-cooked meats through manufacturing facilities in New Zealand and Australia. Meanwhile, the Australian Competition & Consumer Commission has temporarily halted its review of Woolworths' proposed acquisition of Beak & Johnston, pending further information from the involved parties.The full statement by the New Zealand Commerce Commission follows; the clearance application is attached:...

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