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

 

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news