Scoop has an Ethical Paywall
Port Of Tauranga Application To Acquire Owens
Media Release
Issued 11 December 2001/127
Commerce Commission receives clearance application from Port of Tauranga to acquire Owens
The Commerce Commission has received an application from Port of Tauranga Limited (PTL) for clearance under the Commerce Act to acquire 100% of the assets or shares of Owens Services BOP Limited (Owens).
PTL's principal activities are the ownership and operation of the wharf infrastructure and marine services at the Port of Tauranga. PTL is also a 50% shareholder of Northport Limited, which is currently constructing a new wharf facility at Marsden Point, Northland.
Owens business activities include log marshalling, materials and wharf handling, mechanical services and shipping agency.
In considering the application, the Commission's role is to determine whether the merger has the effect of substantially lessening competition in any markets.
A public version of PTL's application will soon be available on request from the Commerce Commission. Please contact Catherine Best, (04) 498-0953.
ENDS
Fix & Fogg: NASA Hand-picks Kiwi Nut Butter Brand To Travel To Space In NZ First
Citizens of the Sea: Sailors To Revolutionise Our Understanding Of Pacific Biodiversity
Netsafe: Making A Splash With Online Safety: Netsafe Launches New Flagship Programme For Kids
NZGBC: Flood Resilience PhD Student Widi Auliagisni Named Future Thinker Of The Year 2024
Business Canterbury: European Free Trade Agreement A Game-changer For Canterbury
Business Canterbury: Urges Council To Cut Costs, Not Ambition For City
