This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

New Zealand's Viridian-Metro Performance Glass deal sparks in-depth review

( August 7, 2025, 01:19 GMT | Official Statement) -- MLex Summary: The acquisition of publicly listed Metro Performance Glass by Viridian NZ BidCo, owned by Crescent Capital Partners, may lead to substantial lessening of competition in relevant markets, the New Zealand antitrust watchdog said. In a statement of issues published today, the New Zealand Commerce Commission said that its preliminary view is that the relevant markets for assessing potential competition issues are narrower than those provided by the parties. This includes separate national markets for supplying architectural-glass products to fabricators, merchants or glaziers and construction firms, the regulator added. The watchdog said that its investigation will focus on whether the supply options for customers differ across New Zealand such that “it might be appropriate to define separate North Island and South Island geographic markets.”The full statement by the New Zealand Commerce Commission follows and the statement of issues is attached:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections