The Commerce Commission has received a clearance application from Lineage Logistics New Zealand (Lineage) in relation to its proposed acquisition of Cold Storage Nelson Limited (CSN).
Lineage and CSN both supply cold storage services in various locations around New Zealand. These services include frozen and chilled storage, blast freezing, and associated services related to the logistics and transportation of products such as dairy, seafood and meat.
A public version of the clearance application will be available shortly on the Commission’s case register.
Lineage is a multinational cold storage and logistics company with operations in Europe, North America, East Asia, Australia and New Zealand. In New Zealand, Lineage provides cold storage services in various locations including the Auckland, Waikato / Bay of Plenty, Hawke’s Bay, Canterbury and Otago regions.
CSN is a Nelson-based cold storage and logistics company, with operations in various locations around New Zealand, including the Nelson / Tasman, Waikato / Bay of Plenty and Canterbury regions.
Further information explaining how the Commission assesses a merger application is available on the Commerce Commission NZ website.