Merial Australia Pty Ltd - acquisition of Ancare Australia Pty Ltd
Type of assessment
Informal Review
Reference
32261
Acquirer(s)
Merial Australia Pty Ltd
Target(s)
Ancare Australia Pty Ltd
Industry
Animal health
Summary
Merial Australia Pty Ltd announced that it had acquired Ancare Australia Pty Ltd on 24 October 2007.
Outcome of assessment
Not opposed
Total review days *
13
Commenced public review
10th July 2008
Date completed
28th July 2008
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.
Review timeline
Date
Event
24th October 2007
Merial announced that it had acquired Ancare.
10th July 2008
ACCC commenced review under the Merger Review Process Guidelines.
21st July 2008
Closing date for submissions from interested parties.
28th July 2008
ACCC announced it would not intervene in the completed acquisition.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
