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Volution's bid for New Zealand's Proven Systems faces review over merger effects

( June 1, 2023, 07:27 GMT | Official Statement) -- MLex Summary: UK-based home-ventilation company Volution's planned acquisition of New Zealand's Proven Systems will face a merger review focused on the horizontal unilateral, coordinated or vertical effects that might arise from the proposed acquisition. In a statement today, the New Zealand Commerce Commission outlined the preliminary issues it would focus on as part of its public review. Proven Systems is a privately owned company that supplies and installs home-ventilation systems under the DVS brand.The full statement from the New Zealand Commerce Commission follows:...

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