CSR Limited (Pilkington) - proposed acquisition of Don Mathieson and Staff Glass Pty Ltd (DMS Glass)
Type of assessment
Informal Review
Reference
29270
Acquirer(s)
CSR Limited (Pilkington)
Target(s)
Don Mathieson and Staff Glass Pty Ltd (DMS Glass)
Industry
Glass products
Summary
CSR Limited proposes to acquire Don Mathieson and Staff Glass Pty Ltd. CSR is a manufacturer and supplier of sugar, a manufacturer and supplier of building products (including flat glass and value added glass) and has interests in aluminium smeltering and property development. DMS is a glass merchant and processor and supplier of value added glass products.
Outcome of assessment
Not opposed
Total review days *
29
Commenced public review
22nd August 2007
Date completed
2nd October 2007
Market definition
The proposed acquisition was considered in the context of separate markets for the supply of flat glass products and the supply of value added glass products.
Competition analysis
On 2 October 2007 the ACCC formed the view that the proposed acquisition is not likely to substantially lessen competition in the relevant markets due to a number of actual and potential competitors of flat glass and value added glass products which would be likely to constrain CSR from attempting to exercise market power. Additionally, the ACCC considered that the glass products supplied by DMS are not likely to be sufficiently complementary to CSR's building products range (due to different customer bases for the respective products) so as to raise conglomerate merger concerns under section 50 of the Act.
Review timeline
Date
Event
22nd August 2007
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.
5th September 2007
Closing date for submissions from interested parties.
2nd October 2007
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.
