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The New Zealand Commerce Commission opened an investigation into Beijer Ref AB's 2018 acquisition of Heatcraft New Zealand Limited and its 2019 acquisition (via subsidiary Kirby NZ Limited) of a 'grandparented' right to import hydrofluorocarbons (HFCs) into New Zealand. The investigation will consider whether competition was substantially lessened.
“The Commerce Commission has opened an investigation into Beijer Ref AB’s 2018 acquisition of Heatcraft New Zealand Limited.”comcom.govt.nz
Summarized from public sources; check the original articles before acting on it.