Foodstuffs South Island spends $7m on ‘merger-related costs’

Foodstuffs South Island has spent millions on merger-related expenses. (Image: Supplied)

Thu, 03 Jul 2025

Foodstuffs South Island spent over $7 million on merger costs last year.In December 2023, Foodstuffs South Island (FSSI) and Foodstuffs North Island (FSNI) filed a merger application to the Commerce Commission.The application was denied in October last year. Both co-ops’ boards subsequently filed a Notice of Appeal with the High Court, and a court date has been set for March 2026.FSSI’s financial statements for the year to Feb 28 were released on the Companies Office on Thursday morning, over a month after its annual report wa...

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