# CSR NZ and Brickworks propose joint venture for brick operations in New Zealand

CSR's New Zealand unit and Brickworks Building Products (NZ) have sought anti-trust clearance to merge their brick businesses into a 50-50 joint venture, citing plummeting demand and surplus capacity. The deal would exclude CSR's New Lynn plant.

- Type: Acquisition
- Announced: 2018-07-11
- Where: New Zealand, New Zealand
- Status: announced
- Products: clay bricks
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [CSR](https://endata.com/companies/33050.md)
- [Brickworks](https://endata.com/companies/33051.md) (partner)

## Sources

- [nbr.co.nz](https://www.nbr.co.nz/csr-nz-brickworks-seek-merger-in-face-of-building-downturn/), 2018-07-11: "While demand has plummeted the applicants have faced increased costs of supply and continued to incur the costs of their manufacturing facilities, front office and retail divisions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.