Beijer Ref cleared by NZ Commerce Commission to acquire Realcold

The New Zealand Commerce Commission cleared Beijer Ref's acquisition of refrigeration wholesaler Realcold, finding it would not substantially lessen competition. The deal had been referred over competition concerns given Beijer Ref's earlier purchase of NZ wholesaler Patton.

“The Commission is satisfied that the merger will not have, or would not be likely to have, the effect of substantially lessening competition in the affected markets,”

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