The Commerce Commission has published a Statement of Issues relating to an application from Pact Group Holdings Limited (Pact) to acquire the assets and business of Flight Plastics Limited in New Zealand and the packaging-related assets of Flight Extruded Plastics LP in Adelaide (together, Flight).
The Statement of Issues outlines the Commission’s potential competition issues with the acquisition following its initial investigation. A Statement of Issues is not a final decision and does not mean that the Commission intends to decline or clear the merger.
We will also publish a further submission from Pact, received just before the Commission decided to issue the Statement of Issues.
The Commission is seeking submissions from Pact and Flight and other interested parties on the issues raised in the Statement of Issues.
The Statement of Issues and Pact’s submission can be found on the case register.
