Commission receives clearance application from Gallagher Holdings
Published20 May 2004
The Commerce Commission has received an application from Gallagher Holdings Limited seeking clearance to acquire 100 percent of the shares of Tru-Test Corporation Limited.
Issued 20 May 2004
The Commerce Commission has received an application from Gallagher Holdings Limited seeking clearance to acquire 100 percent of the shares of Tru-Test Corporation Limited.
The Gallagher Group is headquartered in Hamilton and comprises a number of companies with a primary focus on the design, manufacture and marketing of animal and security management systems in New Zealand. Gallagher's key products include: rural and industrial fencing products; animal weighing systems; contract manufacturing products; security access control products; and fuel dispensing products.
Tru-Test is headquartered in Auckland, and designs, manufactures and markets agritech solutions.
In considering the application, the Commission's role is to determine whether the merger has the effect of substantially lessening competition in a market.
