Acquirer(s)
- Orix Australia Corporation Ltd
Target(s)
- Fleet Partners Pty Limited
Summary
Market definition
The Australian market for car fleet leasing and managementCompetition analysis
Orix Australia and Fleet Partners both provide commercial vehicle fleet management and financing. A large number of competitors offer similar services, barriers to entry are likely to be low and customers are likely to have a high degree of countervailing power. Consequently, the acquisition is unlikely to substantially lessen competition.Timeline
Date | Event |
---|---|
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced. |
|
Closing date for submissions from interested parties |
|
ACCC announced its decision not to oppose the proposed acquisition. |