Commerce Commission to issue SOI re Viridian application

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NZX.MPG, ASX.MPP

25 July 2025

Commerce Commission to issue Statement of Issues relating to Viridian NZ Bidco’s
application
The Commerce Commission has decided to issue a Statement of Issues relating to the application from Viridian NZ
Bidco Limited to acquire 100% of Metro Glass.
The Commission has identified potential adverse competitive effects arising from a loss of competition between
Viridian and Metro in glass processing, supply and installation markets where they are close competitors.
The
Statement of Issues is not a final decision and does not mean that the Commission intends to decline or clear the
merger.
The Statement of Issues will be published on the Commission’s case register in due course, and will outline the
potential competition issues with the acquisition following the Commission’s initial investigation. The Statement of
Issues will invite submissions from Viridian, Metro and any other interested parties.
The Commerce Commission press release can be found at the link below:
https://comcom.govt.nz/news-and-media/news-and-events/2025/commission-to-issue-statement-of-issues-on-
viridians-proposed-acquisition-of-metro-performance-glass

For further information:
Shawn Beck, Chairman
Shawn.beck@metroglass.co.nz
+64 27 328 5135