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News Knauf and USG seek clearance for merger in New Zealand

Knauf and USG seek clearance for merger in New Zealand

Written by Global Insulation staff
20 December 2018
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New Zealand: Germany’s Knauf and US-based USG have applied to the Commerce Commission asked for clearance for the two companies to merge. USG is active in New Zealand through its 50% interest in USG Boral Building Products, which supplies gypsum wallboard, suspended ceiling components and other building materials. Knauf is active in the import and supply of products used for modular suspended ceilings and insulation in New Zealand. The proposed merger is also to be assessed by competition authorities in several jurisdictions including Australia, USA and Singapore.

Published in Global Insulation News
Tagged under
  • New Zealand
  • Knauf
  • USG
  • Merger
  • Commerce Commission
  • competition

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