The acquisition is valued at approximately 800 million New Zealand dollars, with a projected closing date set for late August. By absorbing Greenlea Group, Itoham Yonekyu aims to bolster its regional business foundation significantly. Management anticipates that the integration will elevate Anzco Foods to the position of one of New Zealand's most profitable meat packers. This move aligns with the Japanese parent company’s broader strategy to secure robust supply chains and deepen its industrial presence in the country.