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The Commerce Commission has granted clearance to Dunlop Drymix Limited, a subsidiary of the Concrete Group Limited, to acquire the assets and business of six companies that collectively trade in New Zealand as Drymix. Each of the Drymix companies were .
Press Release – Commerce Commission The Commerce Commission has published a statement of preliminary issues relating to the clearance application from Dunlop Drymix Limited, a subsidiary of the Concrete Group Limited, seeking to acquire the assets and business of six companies that collectively …
The Commerce Commission has published a statement of preliminary issues relating to the clearance application from Dunlop Drymix Limited, a subsidiary of the Concrete Group Limited, seeking to acquire the assets and business of six companies that collectively trade in New Zealand as Drymix.
The statement outlines the key competition issues that the Commission currently considers important in deciding whether or not to grant clearance to the proposed acquisition.
Date Time
Concrete Group subsidiary seeks clearance to acquire Drymix
The Commerce Commission has received a clearance application from Dunlop Drymix Limited, a subsidiary of the Concrete Group Limited, seeking clearance to acquire the assets and business of six companies that collectively trade in New Zealand as Drymix.
Drymix has continued to trade since each of the Drymix companies were placed into receivership in mid-2020.
Concrete Group Limited (under the ‘Cemix’ brand) and Drymix both manufacture and supply a range of bagged concrete and mortar products. These products are designed for use in DIY and projects where small amounts of concrete are needed, and are sold nationwide in large building product stores (eg Mitre 10 and Bunnings), hardware stores and other building products outlets.