Acquirer(s)
- Tyco Australia Pty Limited
Target(s)
- National Fire Holdings Pty Ltd
Summary
Tyco Australia trading as Wormald proposed to acquire National Fire Holdings Pty Ltd and its subsidiaries.Market definition
The ACCC assessed the effects of the proposed acquisition in the context of separate state and territory based markets for supply and installation of fire protection systems and inspection and maintenance of fire protection systems.Competition analysis
The ACCC concluded that the proposed acquisition was unlikely to substantially lessen competition in any relevant market.In each state or territory market for supply and installation of fire protection systems or inspection and maintenance of fire protection systems the ACCC considered that other existing and potential competitors would continue to provide a competitive constraint on the merged entity post-acquisition.
Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC announced it would not oppose the proposed acquisition. |