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.