Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Reyrolle Pacific Holdings Receives Clearance

2 July 2002

Reyrolle Pacific Holdings Receives Commission Clearance

The Commerce Commission has approved an application from Reyrolle Pacific Holdings Limited to acquire 100% of the shares in VA Tech Reyrolle Pacific Limited, a wholly owned subsidiary of VA Tech Schneider High Voltage.

Commission 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 New Zealand market for the supply of 11kV indoor switchgear, as existing competition would act as an effective constraint on the merged entity.

The Commission’s written decision on the application will be available soon on the Commission’s website,

Reyrolle Pacific Holdings Limited is an investment consortium, which includes the Emerald Investment Group of companies, ANQ Investments Limited, Pacific General Securities Limited, Carlton-DFK Capital Limited, and a competitor of VA Tech Reyrolle Pacific – Motorpol New Zealand Limited. Of relevance to this application is Motorpol’s manufacture and supply of 11kV indoor switchgear to the New Zealand market.

VA Tech Reyrolle Pacific Limited is involved in the manufacture and supply of 11kV indoor switchgear to the New Zealand market and is based at Petone.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>