The New Zealand Competition Authority opens investigation into the merger of two refrigeration equipments distributors (Beijer / Heatcraft New Zealand)

Investigation opened into Beijer’s acquisition of Heatcraft NZ and acquisition of rights to apply for HFC import permits* The Commerce Commission has opened an investigation into Beijer Ref AB’s 2018 acquisition of Heatcraft New Zealand Limited, and its 2019 acquisition (via its subsidiary Kirby NZ Limited) of a “grandparented” right to import