Statement of Issues released for ASSA ABLOY NZ Limited / NZ Fire Doors Limited clearance application
Published08 Jun 2021
The Commerce Commission has published a statement of issues relating to an application for clearance from ASSA ABLOY New Zealand Limited (Assa Abloy NZ) to acquire all of the shares in NZ Fire Doors Limited (NZFD).
Both Assa Abloy NZ and NZFD manufacture and supply fire-rated doors and windows to the construction industry. Fire-rated doors and windows are specially designed to act as a barrier to the spread of fire.
The Statement of Issues outlines the Commission’s potential competition issues with the acquisition following its initial investigation. The Statement of Issues is not a final decision and does not mean that the Commission intends to decline or clear the merger.
The Commission is seeking submissions from Assa Abloy NZ, NZFD and other interested parties on the issues raised in the Statement of Issues.