Altano New Zealand Limited (Altano) has formally withdrawn its application to the Commerce Commission for clearance to acquire 100% of the shares in Matamata Veterinary Services Limited (MVS).

The Commission had agreed with Altano an extension until 22 August 2025 by which to make a decision.

The Commission’s case register has been updated.

Note:

Altano is a subsidiary of Altano International GmbH, a global horse veterinary company incorporated in Germany. In New Zealand, Altano operates a horse veterinary practice in Canterbury, and two in Waikato: the Waikato Equine Veterinary Centre and the Cambridge Equine Hospital.

MVS is a horse veterinary practice located in Matamata.

We will only give clearance to a proposed merger if we are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.

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