Status
Stage
Phase 1 - initial assessment
End of determination period
About the acquisition
Acquirer(s)
- Tega MC SG Holdings Pte. Ltd. 202551682E
- Tega MC Australia Holdings Pty Ltd ABN - 16 147 692 840
Target(s) or Vendor(s)
- Molycop Group, comprising all of the entities owned directly or indirectly by AIP MC Holdings LLC. 6208194
- Molycop Technologies Pty Ltd ABN - 85 154 346 004
- Molycop Singapore Trading Pte. Ltd 201943325C
- Commonwealth Steel Company Pty Limited ABN - 58 000 007 698
- Orway IQ Pty Ltd ABN - 52 631 359 370
Other party(ies)
- Losugen Pty Ltd ABN - 26 097 626 849
- AP Jupiter Holdco (SG) P. Ltd. 202551665M
- Tega MC JV Holdings Pte. Ltd. 202551674N
- Tega MC Investment Pte. Ltd. 202551329C
ANZSIC code(s)
1919 Other Polymer Product Manufacturing; 1920 Natural Rubber Product Manufacturing; 2469 Other Specialised Machinery and Equipment Manufacturing; 3419 Other Specialised Industrial Machinery and Equipment Wholesaling
Description
The proposed acquisition involves a consortium comprised of Tega Industries Limited (Tega) and the Apollo funds indirectly and collectively acquiring all outstanding shares in the
Consultation
The period for providing submissions or information in response to the ACCC’s Phase 1 questionnaire has concluded.