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Clearance Application From Firth Industries

Issued 10 July 2002-03/ 006

Commission Receives Clearance Application From Firth Industries

The Commerce Commission has received a clearance application from Firth Industries to acquire the assets comprising the ready-mixed concrete business of Gill Construction Co Limited (Gill) in Blenheim.

Firth Industries is a division of Fletcher Concrete and Infrastructure Limited. Its business is the manufacture and distribution of building materials, in particular ready-mixed concrete and concrete masonry products and dried, bagged cement and aggregate products. Firth Industries has facilities across the country, including a plant in Blenheim.

Gill is a privately owned company that owns and operates a transport business, a civil contracting business, a farm forestry business, a quarry business manufacturing aggregates, and a ready-mixed concrete business.

In considering the application under the Commerce Act, the Commission's role is to determine whether the merger has the effect of substantially lessening competition in any market.

Ends


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