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


Clearance granted to CB Norwood Distributors

Media Release

Issued 18 May 2003

Commission grants clearance to CB Norwood Distributors

The Commerce Commission has cleared CB Norwood Distributors Limited 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.

In New Zealand, CNH imports, markets, distributes and sells the Case IH brand of agricultural tractors, equipment and spare parts 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.

Chair Paula Rebstock said that the Commission was satisfied that the proposed acquisition would not have, nor would be likely to have, the effect of substantially lessening competition in the distribution and retail supply of new agricultural tractors and spare parts due to sufficient existing competition.

“The Commission also considered the distribution and retail supply of agricultural machinery such as disc harrows, combine harvesters and hay balers and found no likelihood of a substantial lessening of competition as a result of the proposed acquisition,” Ms Rebstock said.

A public version of the Commission’s decision will be available shortly on under Adjudication.


© 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>>


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>>


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>>