Acquirer(s)
- Amcor Ltd
Target(s)
- ACI Operations Pty Ltd
Summary
Amcor Ltd are seeking to acquire the "metal closures" business of ACI Ltd ('ACI'). Amcor Ltd and ACI are the 2 largest producers of metal closures in Australia.Market definition
Staff assessed this merger in both a broad market for closures and a narrow market for metal closures.Competition analysis
The Commission concluded that the acquisition was unlikely to cross any concentration thresholds in the closures market. In metal closures the Commission acknowledged that concentration levels are high, however, the Commission concluded that imports would be likely to act as a competitive constraint (primarily a pricing constraint) on the activities of Amcor in the domestic market. The Commission concluded that the proposed acquisition was unlikely to substantially lessen competition in any relevant market.Merger type
Asset Sale
Guidelines thresholds
Unknown
Imports above 10%
Unknown
Initiation
Parties
ANZSIC code
2566