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

 

Clearance application from CB Norwood Distributors


Media Release

Issued 26 April 2003-04 / 114

Commission receives clearance application from CB Norwood Distributors

The Commerce Commission has received an application from CB Norwood Distributors Limited seeking clearance to acquire the New Zealand business of CNH Australia Pty Limited with respect to the importation, purchasing, marketing, distribution, selling and support of Case IH branded agricultural equipment and spare parts in New Zealand.

CNH's parent company is CNH Global NV, which is active in the manufacturing of the New Holland and Case IH brands of agricultural tractors, equipment and spare parts internationally.

In New Zealand, CNH imports, markets and distributes Case IH branded agricultural tractors, equipment and spare parts direct to independent regional dealers.

CB Norwood is involved in the importation, marketing, distribution, selling and support of the New Holland brand of agricultural tractors, equipment and spare parts to a dealer network of company-owned branches and independent dealers. CNH also distributes the Kubota brand and to a lesser extent the Ferrari tractor brand, as well as a wide range of other agricultural equipment imported from different suppliers.

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

A public version of the application will shortly be available on the Commission's website under Adjudication.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


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>>

ALSO:


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>>

ALSO:

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>>