Acquirer(s)
- Custom Fleet
Target(s)
- Hertz Lease Limited
Summary
Custom Fleet (owned by National Australia Bank) to acquire Hertz Leasing Ltd from Ford Motor Credit CompanyMarket definition
Car fleet leasing and management servicesCompetition analysis
The Commission concluded that the increase in Custom Fleet's market share would be minimal and it would continue to face strong competitors and customers with bargaining power in an expanding market. On this basis, the Commission concluded that the proposed acquisition is not likely to result in a substantial lessening of competition.Merger type
Horizontal
Guidelines thresholds
Unknown
Imports above 10%
Unknown
Initiation
Parties
ANZSIC code
7330