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


Essilor applies for two clearances

12 October 2005

Essilor applies for two clearances

The Commerce Commission has received two applications from Essilor New Zealand Limited. Essilor is seeking clearance to acquire all shares of Prolab (Wellington) Limited, and up to 100% of shares of Optical Laboratories NZ Limited.

Essilor has a variety of activities in New Zealand including the supply of finished and unfinished lenses, and lens processing, in particular the edging and fitting of lenses.

Prolab is a Wellington based optical laboratory lens processor. In addition to edging and fitting lenses, Problab also carries out grinding and coating.

Optical is a Christchurch based lens processing company that grinds, coats, tints and edges lenses. Optical also sells stock lenses.

In considering the application, the Commission's role is to determine whether the acquisition 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 Public Registers.


© 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>>