Frucor to acquire Simply Squeezed; seeks clearance from Commerce Commission

Frucor to acquire Simply Squeezed; seeks clearance from Commerce Commission

The Commerce Commission has informed that it received an application from Frucor Beverages Ltd seeking clearance to acquire Simply Squeezed Holdings Ltd.

Frucor, which is owned by Suntory Holdings Ltd, a Japanese company, supplies a range of non-alcoholic beverages in New Zealand including the V, Arano, Fresh Up, Just Juice, McCoy and Citrus Tree brands.

While, Simply Squeezed, which is owned by Crescent Food Group Pty Ltd, manufactures the Simply Squeezed, Supreme Country, Bay Harvest and Allganics brand fruit beverages.

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