# Taranaki By-Products seeks clearance to increase shareholdings in Lowe joint ventures | The National Tribune

> The Commerce Commission received a clearance application from Taranaki By-Products to raise its stakes in three joint ventures with Lowe Corporation. The targets render animal materials into meat and bone meal and tallow in the North Island. The Commission will approve the deal only if it does not substantially lessen competition.

- Date: 2021-02-11 · published 2021-02-11T12:00:00.000Z
- Category: policy · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/48764-taranaki-by-products-seeks-clearance-to-increase-shareholdings-in-lowe-joint
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Consolidation among New Zealand renderers could affect local meat and bone meal supply and pricing. The effect on global feed prices is minimal.

## Read by commodity

- MBM: neutral

## Sources

- nationaltribune.com.au: https://www.nationaltribune.com.au/taranaki-by-products-seeks-clearance-to-increase-shareholdings-in-lowe-joint-ventures/
- scoop.co.nz: https://www.scoop.co.nz/stories/BU2102/S00142.htm
- scoop.co.nz: https://www.scoop.co.nz/stories/BU2102/S00142/taranaki-by-products-seeks-clearance-to-increase-shareholdings-in-lowe-joint-ventures.htm

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.