T&G Global Limited (NZSE:TGG) has entered into an agreement to acquire New Zealand domestic produce trading and services business from Freshmax NZ Limited for NZD 30 million on December 17, 2019. The transaction includes three market sites (Auckland, Wellington, Christchurch) and distribution services throughout New Zealand. Both Freshmax NZ and T&G Global’s NZ Produce business will continue business as usual until the necessary conditions are satisfied and the transaction closes. The deal has been signed and is subject to a number of conditions, including review by the Commerce Commission. As of April 2, 2020, transaction has been approved by New Zealand Commerce Commission. As on April 9, 2020, T&G Global advises that all conditions of the acquisition of the domestic business of Freshmax New Zealand have now been satisfied. Transaction is expected to complete by end of April 2020. The transaction is due to complete on April 30, 2020. T&G Global Limited (NZSE:TGG) completed the acquisition of New Zealand domestic produce trading and services business from Freshmax NZ Limited on April 30, 2020. Initially, T&G domestic business and Freshmax NZ business runs separately and 240 people team of Freshmax NZ joins in T&G.