Beijer Ref AB; Heatcraft New Zealand Limited; and Kirby NZ Limited
We are investigating Beijer Ref AB’s 2018 acquisition of Heatcraft New Zealand Limited, as well as its 2019 acquisition, through its subsidiary Kirby NZ Limited, of a “grandparented” right to import hydrofluorocarbons (HFCs) into New Zealand. We are investigating whether Beijer’s conduct is likely to breach section 47 and/or 27 of the Commerce Act. Beijer sold the Heatcraft New Zealand business to Reece New Zealand Limited soon after acquiring it in 2018, but retained the corporate vehicle, which has been renamed Kirby NZ Limited.
PartiesBeijer Ref AB; Heatcraft New Zealand Limited; and Kirby NZ Limited