Beijer Ref seeks clearance to acquire Refspecs

Beijer Ref is wholly owned by Nasdaq-listed company, Beijer Ref AB (PUBL). Beijer Ref wholesales its products through its New Zealand-based subsidiary businesses, namely Patton Limited, Realcold NZ Limited, Clima Solutions Limited, HVAC Depot Limited and Kirby NZ Limited.

Refspecs is owned by the Morgan Family and Refrigeration Specialties Trustee Limited.

Both parties are wholesalers that specialise in supplying refrigeration and air-conditioning equipment and spare parts, as well as refrigerant gases, to trade customers such as refrigeration and air-conditioning installers, servicers and technicians.

The Commerce Commission has today published a Statement of Preliminary Issues (SoPI) in relation to the Application. The statement outlines the key competition issues that the Commission considers important in deciding whether or not to grant clearance to the proposed acquisition.

The Commission invites interested parties to provide comments on the likely competitive effects of the proposed acquisition. Submissions can be sent by email to registrar@comcom.govt.nz with the reference “Beijer Ref/Refspecs” in the subject line. Any submissions should be received by close of business on 13 February 2026.

The Commission is currently scheduled to make a decision on the application by 25 March 2026. However, this date may be extended with the agreement of the applicant if the material before the Commission at that time does not allow it to be satisfied that the proposed acquisition will not have, or would not be likely to have, the effect of substantially lessening competition in a market in New Zealand.

The SoPI and a public version of the clearance application can be found on our case register.