Commerce Commission flags competition concerns over Godfrey Hirst Bremworth deal

Commerce Commission flags competition concerns over Godfrey Hirst Bremworth deal
Wool carpet. (Image: Supplied)
Jaime Lyth
The Commerce Commission says it is “currently not satisfied” that the proposed merger of Godfrey Hirst and Bremworth won’t impact competition in the carpet market and will continue to investigate. Godfrey Hirst's parent company, Mohawk Industries, announced plans to acquire its rival, Bremworth, in October. ComCom outlined its concerns in a “Statement of Issues” report.“On the basis of the evidence collected to date, we are currently not satisfied that the proposed acquisition will not have, or...

More Primary Sector

Miners prosper on the NZX
Primary Sector

Miners prosper on the NZX

In late morning trading, Manuka Resources was up 25% to 15 cents.

Ian Llewellyn 07 Jan 2026
Dairy prices kick off 2026 in better spirits
Primary Sector

Dairy prices kick off 2026 in better spirits

The auction snapped a run of nine consecutive falls. 

Rebecca Howard 07 Jan 2026
Dawn Meats’ Niall Browne appointed acting CE of Alliance
Primary Sector

Dawn Meats’ Niall Browne appointed acting CE of Alliance

Alliance Group chief executive Willie Wiese is stepping down and Niall Browne, group chief executive at Dawn Meats, has been appointed acting CE. Wiese has decided to leave the company after eight years, including almost three as chief executive, to attend to pressing family matt...

Staff reporters 06 Jan 2026
Business leader Rachel Taulelei made CNZM
Primary Sector

Business leader Rachel Taulelei made CNZM

Rachel Emere Taulelei's governance and board roles span several industries.

Jaime Lyth 31 Dec 2025