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Beijer Ref cleared to acquire Refspecs in New Zealand after review

( June 4, 2026, 06:15 GMT | Official Statement) -- MLex Summary: Sweden‑based Beijer Ref has been cleared to wholly acquire New Zealand wholesaler Refrigeration Specialities, or Refspecs, with both parties supplying refrigeration and air‑conditioning equipment, parts and refrigerants. New Zealand's Commerce Commission on Thursday said it found the merged entity would continue to face strong competition from other wholesalers across relevant markets, including equipment, components and hydrofluorocarbon refrigerants. The approval was granted because regulation is reducing reliance on HFC refrigerants and other suppliers hold import permits, meaning the acquisition is unlikely to substantially lessen competition in any New Zealand market, the watchdog said.Statement follows....

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