Farmlands-Seales Winslow deal raises antitrust concerns for New Zealand competition watchdog
( November 23, 2023, 04:35 GMT | Official Statement) -- MLex Summary: New Zealand rural-supplies chain Farmlands Co-Operative Society’s bid to acquire animal-feed manufacturer Seales Winslow raises antitrust concerns, the country’s competition regulator said. In a statement, the Commerce Commission said that the regulator has published a preliminary statement of issues relating to Farmland’s bid to acquire 100 percent of the shares of Seales Winslow. Both Farmlands and Seales manufacture and distribute animal-nutrition products across New Zealand. The document said that the merging parties overlap in the supply of pelletized compound-feed for livestock, a kind of supplementary feed for animals, which can impact competition in that market.The full statement by New Zealand’s Commerce Commission follows:...
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