Itoham Yonekyu, the Japanese conglomerate, has entered into an agreement to purchase 100% of the shares in Greenlea Group via its subsidiary Anzco Foods, the Christchurch-based meat processor and exporter. Anzco Foods is already one of New Zealand’s largest beef and lamb exporters, with an annual turnover of $2.2 billion ($1.33 billion) and nearly 3,000 staff. The transaction includes Greenlea Premier Meats and Greenlea’s interest in the Waitoa Estate and …

