Updates and media releases

Commission closes investigation into Beijer acquisitions

The Commerce Commission has closed its investigation into Beijer Ref AB’s 2018 acquisition of Heatcraft New Zealand Limited, and its 2019 acquisition (via its subsidiary Kirby NZ Limited) of a right to import hydrofluorobcarbons (HFCs) into New Zealand (the acquisitions). Beijer completed both transactions without seeking clearance or authorisation from the Commission. Read more

Commission grants clearance for Pact to acquire Flight

The Commerce Commission has granted clearance to Pact Group Holdings Limited (Pact) to acquire the assets and business of Flight Plastics Limited in New Zealand and the packaging-related assets of Flight Extruded Plastics LP in Adelaide (together, Flight). Flight’s assets include a wash plant, which Flight uses to make packaging from plastic waste that has been put out for recycling by consumers and collected by waste management firms. Read more
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