The Commerce Commission has received an application from Visy Industrial Plastics (NZ) Limited seeking clearance to acquire the plastic packaging businesses and assets of ACI Operations NZ Limited.
Visy and its associated entities manufacture, distribute and supply:
- various polyethylene containers including pails;
- polyethylene terephthalate (PET) beverage containers; and
- aluminium beverage cans.
In addition, an associated entity, VisyPak Carton Systems, markets, distributes and services liquid paperboard cartons and filling equipment.
Visy seeks clearance to acquire ACI's business of manufacturing, distributing and supplying:
- PET beverage containers;
- PET food containers;
- plastic carbonated soft drink, water, food and hot-fill closures;
- pails; and
In considering the application, the Commission's role is to determine whether the merger has the effect of substantially lessening competition in a market.
For more information on plastics