SoI to be issued on Beijer Ref’s proposed acquisition of RefSpecs
The Commerce Commission has decided to issue a statement of issues relating to the application from Beijer Ref Holdings Limited (Beijer Ref) to acquire 100% of the shares in Refrigeration Specialties Limited (Refspecs).
The Statement of Issues will be published on the Commission’s case register in due course, and will outline the potential competition issues with the acquisition following the Commission’s initial investigation. The Statement of Issues will invite submissions from Beijer Ref, Refspecs and any other interested parties.
The Statement of Issues is not a final decision and does not mean that the Commission intends to decline or clear the application.
The Commission was scheduled to make a decision on the application by 25 March 2026. However, an extension of time has been agreed between the Commission and Beijer Ref and the new decision date is 9 June 2026.
Background
Beijer Ref and Refspecs 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.