Anzco Foods has applied for clearance from the New Zealand Commerce Commission to fully acquire Greenlea Group in a deal valued at $800 million. The application, received on Tuesday, initiates a review process to assess potential competition impacts. This acquisition reveals strong financial performance by Greenlea Group, a Waikato-based beef processor. BusinessDesk reported the deal highlights Greenlea’s success within the sector. The Commerce Commission will determine whether the merger substantially lessens competition in the relevant market. A decision is pending as the Commission undertakes its evaluation of the proposed acquisition.