# Commerce Commission investigates Beijer Ref's acquisition of Heatcraft NZ and HFC import rights

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.

- Type: Acquisition
- Announced: 2020-07-24
- Where: New Zealand, New Zealand
- Status: announced
- Products: refrigeration and air conditioning equipment, hydrofluorocarbons (HFCs)
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md)
- [Heatcraft New Zealand Limited](https://endata.com/companies/48818.md) (target)
- [Kirby NZ Limited](https://endata.com/companies/48819.md) (partner)

## Sources

- [comcom.govt.nz](https://www.comcom.govt.nz/news-and-media/news-and-events/2020/investigation-opened-into-beijers-acquisition-of-heatcraft-nz-and-acquisition-of-rights-to-apply-for-hfc-import-permits/), 2020-07-24: "The Commerce Commission has opened an investigation into Beijer Ref AB’s 2018 acquisition of Heatcraft New Zealand Limited."

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