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Menzies Aviation seeks to acquire Skystar Airport Services
Media Release - Menzies Aviation seeks clearance to acquire Skystar Airport Services
Issued 28 August 2013
Release No. 14
The Commerce Commission has received an application from Menzies Aviation (New Zealand) Limited seeking clearance to acquire 100% of Skystar Airport Services NZ Pty Limited.
Menzies Aviation provides airport ground and baggage handling services at various airports in New Zealand. Skystar Airport Services provides the same services at Christchurch and Dunedin Airports in New Zealand.
A public version of the application is available
on the clearances register: http://www.comcom.govt.nz/business-competition/mergers-and-acquisitions/clearances/clearances-register/
Background
Assessing an application for a merger or acquisition
When considering a proposed merger, the Commission must decide whether the competition that is lost in a market when two businesses merge is substantial. We will give clearance to a proposed merger only if we are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.
A fact sheet explaining how the
Commission assesses a merger application is available at: http://www.comcom.govt.nz/mergers-and-acquisitions-merger-assessment-fact-sheet/
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