Statement of Issues released for Can Plan/Nelmac clearance application
Published22 Mar 2021
The Commerce Commission has released a Statement of Issues relating to an application from Can Plan Nelson Limited (Can Plan) seeking clearance to acquire certain assets of Nelmac Limited’s (Nelmac/s) waste collection business, which trades as Betta Bins.
The assets include two Side Loader trucks, one Rear Loader truck, pre-paid wheelie bins, large bins and “pay-as-you go” rubbish bags currently in circulation. The proposed transaction does not involve Betta Bins’ recycling business.
The Statement of Issues outlines the Commission’s potential competition issues with the acquisition following its initial investigation. A Statement of Issues is not a final decision and does not mean that the Commission intends to decline or clear the acquisition.
The Commission is seeking submissions from Can Plan and Nelmac and other interested parties on the issues raised in the Statement of Issues.
The Statement of Issues can be found on the Commission’s case register.