Kinetic NZ Holdings Ltd and NZB Holdco Ltd

The Commission has granted clearance to Kinetic NZ Holdings Ltd (Kinetic) to acquire all of the shares in NZB Holdco Ltd (NZ Bus) and its subsidiaries. The parties provide bus and coach services in New Zealand.

Case Details

Parties
Kinetic NZ Holdings Ltd and NZB Holdco Ltd
Category
Merger application
Sub-category
Clearance
Act/Section
Commerce Act 1986
Industry
Transport, postal, and warehousing
Status
Closed
Outcome
Merger cleared
Case Number
[2022] NZCC 25
Date opened
14 April 2022
Date closed
07 July 2022
Contact person