Cavalier Wool Holdings Limited; New Zealand Wool Services International Limited
In 2014 Cavalier Wool Holdings Limited applied for authorisation to acquire control of New Zealand Wool Services Limited’s wool scouring business. The application related to the same assets that were the subject of an authorisation that did not proceed in 2011. The Commission authorised the application on 12 November 2015. An interested party, Godfrey Hirst New Zealand Limited, appealed the Commission’s decision ([2015] NZCC 31) to the High Court and subsequently the Court of Appeal. The High Court and Court of Appeal upheld [2015] NZCC 31 on 13 June 2016 and 30 November 2016 respectively.
PartiesCavalier Wool Holdings Limited; New Zealand Wool Services International Limited
Category
Merger application
Sub-category
Authorisation
Act/Section
Commerce Act s 67
Industry
Manufacturing
StatusClosed
Outcome
Merger authorised, Judgment
Case decision number[2015] NZCC 31
Date opened23 October 2014
Date closed30 November 2016
30 Nov 2016
COMPLETED
Date closed
26 Feb 2016
COMPLETED
Final determination
27 Oct 2015
COMPLETED
Submissions and cross-submissions on second draft determination
01 Oct 2015
COMPLETED
Second draft determination
07 Aug 2015
COMPLETED
Post conference submissions
10 Jun 2015
COMPLETED
Conference
12 May 2015
COMPLETED
Submissions and cross-submissions on draft determination