ITW Australia Pty Ltd - proposed acquisition of IWD Strapping Sales Pty Ltd
Type of assessment
Informal Review
Reference
24371
Acquirer(s)
ITW Australia Pty Ltd
Target(s)
IWD Strapping Sales Pty Ltd
Industry
Plastic and steel strapping
Outcome of assessment
Not opposed
Total review days *
16
Commenced public review
11th August 2006
Date completed
1st September 2006
Competition analysis
The merged entity will supply a range of strapping products, including steel, polyester and polypropylene strapping. The ACCC was satisfied that imports and, for lighter strapping products, suppliers of other unitisation products (for example, shrink and stretch wrap) would be likely to constrain the merged entity.
Review timeline
Date
Event
11th August 2006
ACCC commenced review under the Merger Review Process Guidelines.
25th August 2006
Closing date for submissions from interested parties
1st September 2006
ACCC announced it would not oppose the proposed acquisition.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
