Commerce Commission declines Tennex Capital application to buy San-i-pak

Commerce Commission declines Tennex Capital application to buy San-i-pak
Jonathan Underhill
By Jonathan Underhill March 1 (BusinessDesk) - The Commerce Commission has turned down Tennex Capital's application to acquire San-i-pak, saying the merger would give it a monopoly on the treatment and disposal of medical and quarantine waste in the South Island. Tennex provides medical and quarantine waste collection, treatment and disposal services through its International Waste subsidiary, with facilities in Auckland, Wellington, Christchurch and Dunedin, while San-i-pak mainly collects such waste in Canterbury for treatment at its si...