Tegel Foods Limited applies for clearance to acquire a group of companies collectively known as Brinks
Published22 May 2008
The Commerce Commission has received an application from Tegel Foods Limited (Tegel) to acquire the assets of the poultry businesses of P H Van den Brinks Limited, VDB Industries Limited, Brinks South Island Limited, Southland VDB Limited, and BAT Promotions Limited, known as Brinks.
The Commerce Commission has received an application from Tegel Foods Limited (Tegel) to acquire the assets of the poultry businesses of P H Van den Brinks Limited, VDB Industries Limited, Brinks South Island Limited, Southland VDB Limited, and BAT Promotions Limited, known as Brinks.
Tegel is a vertically integrated poultry growing and processing company with its own breeding stock, hatcheries, feed mills, processing, distribution and manufacturing facilities throughout New Zealand. The company supplies fresh and frozen chicken meat and processed chicken meat products to retailers, quick service restaurant outlets, cafes, and restaurants on a national basis.
Brinks' business involves growing and processing poultry. The company is not vertically integrated. Brinks supplies fresh and frozen chicken meat and processed chicken meat products primarily to the food service segment and retailers throughout New Zealand.
In considering the application, the Commission's role is to determine whether the acquisition has the effect of substantially lessening competition in a market.
