Thursday, 17 December 2020, 9:45 am The Commerce Commission has granted clearance to Pact Group Holdings Limited (Pact) to acquire the assets and business of Flight Plastics Limited in New Zealand and the packaging-related assets of Flight Extruded Plastics LP in Adelaide (together, Flight). Flight’s assets include a wash plant, which Flight uses to make packaging from plastic waste that has been put out for recycling by consumers and collected by waste management firms. Pact and Flight both manufacture and supply rigid plastic packaging made of polyethylene terephthalate (PET). PET is commonly used as a container for food such as meat and seafood, fresh fruit and