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Commission grants clearance to B&D Doors |
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12 November 2004
Commission grants clearance to B&D Doors to acquire Dominator International
The Commerce Commission has cleared B&D Doors (New Zealand) Limited to acquire 100 percent of the shares in Dominator International Limited.
Both companies are involved in the manufacture and distribution of garage doors and garage door openers in New Zealand.
B&D trades under the brand names B&D and Garador (garage doors), and ATA (garage door openers). Dominator International trades under the brand name Dominator.
Chair Paula Rebstock said that the Commission was satisfied that the proposed acquisition would not have, or would not be likely to have, the effect of substantially lessening competition in the New Zealand markets for: the national manufacture and wholesale supply to retailers, and direct supply to national building companies and manufacturers, of kitset garages of garage doors; and the national wholesale supply to retailers, and direct supply to national building companies and manufacturers of kitset garages, of garage door openers.
A public version of the decision will shortly be available on the Commission’s website www.comcom.govt.nz under Adjudication.
ENDS
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