The Commerce Commission has received an application from Preformed Line Products Company seeking clearance to acquire Electropar Limited.
The Commerce Commission has received an application from Preformed Line Products Company seeking clearance to acquire Electropar Limited.
Preformed Line Products is a US-based multinational company with subsidiaries in 13 countries. It manufactures products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications and broadband network companies.
Electropar is a privately owned New Zealand based company operating in New Zealand and Australia. It manufactures and distributes electrical engineering components for use in the electricity transmission and distribution, defence and industrial sectors.
Both companies are involved in the manufacture and wholesale supply of transmission and distribution equipment used in electricity transmission and distribution networks, in particular insulators and fittings. In considering the application, the Commission's role is to determine whether the acquisition has the effect of substantially lessening competition in a market.
