Low-Cost Fuel Chain Merger Approved by Commerce Commission After Review

Petrol stations' merger approved by Commerce Commission

The Commerce Commission has greenlit the merger of fuel companies Gull and NPD. The competition regulator said it was satisfied the proposed merger...

Low-cost fuel chain merger approved by Commerce Commission after review

The Commerce Commission has given the green light for the proposed merger of low-cost, Kiwi-owned fuel providers NPD and Gull. Announced in December, NPD and...

Commerce Commission Approves Gull-NPD Fuel Merger

The Commerce Commission has approved the merger of fuel retailers Gull and NPD, creating a nationwide network of around 240 service stations from Invercargill to the far north.The competition watchdog said today it was satisfied the proposed merger would not substantially reduce competition in New Zealand's fuel market.Under the deal, both Gull and NPD brands will be retained across their combined network. Gull stations are more common in the No…

Commission grants clearance for NPD and Gull merger

The Commerce Commission has granted clearance for Astra Energy Group Limited to acquire all of the shares in GNZ Holdco Limited (including its subsidiaries, Gull) and all of the shares in NPD Group Investments Limited (including its subsidiaries, NPD). In reaching its decision, the Commission considered the potential impact of the proposed merger on competition in the markets for retail and wholesale supply of fuel. Commerce Commission Chair Dr …