Fullers to buy Kawau Kat Cruises

Fullers is looking to expand its reach over the harbour ferry business by buying its competitor in the commuting, cruising and touring business. Kawau Kat Cruises offers services from the CBD to Gulf Harbour and Coromandel, apart from tourist cruises to Kawau and Tiri Tiri Matangi.
The National Business Review reports that:

Fullers Group has now lodged a clearance application with the Commerce Commission to buy Kiwi Kat Ltd, which operates Kawau Kat Cruises.

The consolidation in the ferry business continues apace with this further setback to any possibilities of ever getting a viable competitive service.
Let's see whether the Commerce Commission is more than a rubber-stamping watchdog.