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Nelmac sells Betta Bins refuse service
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Can Plan withdraws application for ComCom nod to buy Betta Bins assets
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Commerce Commission sets out potential competition issues with Can Plan buyout proposal
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Friday, 22 January 2021, 12:02 pm
The Commerce Commission has published a statement of
preliminary issues relating to an application from Can Plan
Nelson Limited (Can Plan) to acquire certain assets of
Nelmac Limited’s (Nelmac/s) waste collection business,
which trades as Betta Bins. These assets include two Side
Loader trucks, one Rear Loader truck, and pre-paid wheelie
bins, large bins and “pay-as-you go” rubbish bags
currently in circulation. The proposed transaction does not
involve the Betta Bins recycling business.
The
statement outlines the key competition issues that the
Commission considers important in deciding whether or not to
grant clearance to the proposed acquisition.