Moana New Zealand’s Acquisition of Sanford’s ACE For North Island Inshore Fishing Approved
It’s been months in the making, but Moana New Zealand has been given Commerce Commission approval to acquire Sanford’s Annual Catch Entitlement (ACE) for much of its quota of North Island inshore species through a long-term agreement. The move makes Moana the largest inshore fisheries company in Aotearoa.
Sanford had confirmed in May that they were selling most of its ACE to Moana New Zealand in an attempt to “simplify the operations and establish a lower-risk passive revenue stream for its North Island inshore...
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