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Viridian-Metro Performance Glass review ends in New Zealand with application withdrawal

( October 20, 2025, 00:59 GMT | Official Statement) -- MLex Summary: The acquisition of publicly listed Metro Performance Glass by Viridian NZ BidCo, owned by Crescent Capital Partners, won’t proceed, after the merger parties withdrew their clearance application, according to the New Zealand antitrust watchdog. In an entry on the New Zealand Commerce Commission website, the deal is now listed as “application withdrawn,” with no further explanation provided. The transaction had been plagued by regulatory concerns over its impact on relevant markets. Crescent Capital Partners, a private-equity firm, also owns Viridian Glass GP. Metro Performance Glass is, like Viridian Glass, involved in the processing and installation of glass in New Zealand.The website entry follows, followed by the Commerce Commission's statement, published late on Monday: ...

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