The Commerce Commission has published a statement of preliminary issues relating to an application received from TEC Projects Limited on 19 October 2010 seeking clearance to acquire the plastic packaging business and assets of Tecpak Industries Limited.

The statement of preliminary issues outlines the key competition issues the Commission currently considers will be important in deciding whether grant clearance. The Commission's statement of preliminary issues and the public version of the application can be accessed via the Commission's website under www.comcom.govt.nz/clearances-register/

The Commission invites submissions from parties who consider that they have information relevant to the Commission's consideration of this matter.  Submissions can be sent to registrar@comcom.govt.nz with the reference TEC Projects/Tecpak in the subject line of your email or to PO Box 2351, Wellington 6140 by Tuesday 9 November 2010.

Background

TEC Projects is a wholly-owned subsidiary of Pact Group (NZ) Limited. In New Zealand Pact Group manufactures and supplies a range of plastic packaging products, including large and small food storage containers.  

Tecpak Industries is a New Zealand packaging company that manufactures and supplies small plastic packaging products.