The Commerce Commission has cleared Gribbles Group Limited to acquire the business and business assets of Alpha Scientific Limited.

Gribbles Group is involved in analytic laboratory analysis, diagnostic pathology, food microbiology and chemical analysis.

Alpha Scientific is involved in veterinary diagnostic pathology, food microbiology and plant analysis.

Chair John Belgrave said the Commission is satisfied that the proposed acquisition would not have, nor would be likely to have, the effect of substantially lessening competition in the veterinary diagnostic pathology market.

The Commission will publish its written report on its website, www.comcom.govt.nz/adjudication, shortly.

Media contact: Jackie Maitland, Communications Manager

Phone work (04) 924 3708, mobile 029 924 3708