Daiken cleared to buy Dongwha MDF plant in New Zealand

The New Zealand Commerce Commission cleared Japanese company Daiken Corp to acquire the Dongwha medium-density fibreboard plant near Mataura, Southland, from Korean-owned Dongwha International Co and Laminex Group. The acquisition was approved as it would not substantially lessen competition.

“Japanese company Daiken Corp has been cleared by the Commerce Commission to buy Southland-based MDF manufacturer Dongwha, for an undisclosed sum.”odt.co.nz

• 1 source
• odt.co.nzNo objection to Daiken buying Dongwha MDF factorySimon HartleyApr 9, 2018

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