Acquirer(s)
- Merial Australia Pty Ltd
Target(s)
- Ancare Australia Pty Ltd
Summary
Merial Australia Pty Ltd announced that it had acquired Ancare Australia Pty Ltd on 24 October 2007.Market definition
The ACCC considered the completed acquisition within the context of the national market for sheep drenches.Competition analysis
The ACCC considers that the acquisition is not likely to have resulted in a substantial lessening of competition in the relevant market due to the presence of a number of current and potential future alternative suppliers of sheep drenches within Australia, including suppliers of both single active and combination drenches.Timeline
| Date | Event |
|---|---|
Merial announced that it had acquired Ancare. |
|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC announced it would not intervene in the completed acquisition. |