Acquirer(s)
- Crane Group Ltd
Target(s)
- Kingston Bridge Engineering Pty Ltd
Summary
Iplex Pipelines Australia Pty Limited, a subsidiary of Crane Group Ltd, proposed to acquire Kingston Bridge Engineering Pty Ltd.Market definition
The ACCC considered the proposed acquisition in the context of the national market for the manufacture and supply of polyethylene pipeline systems (including pipes and fittings).Competition analysis
On 10 August 2007, the ACCC decided to not intervene in the proposed acquisition.The ACCC concluded that, in relation to the supply of polyethylene pipeline systems, it was likely Iplex would continue to face competitive constraints from alternative suppliers of pipeline products and new entrants post-acquisition. Accordingly, the ACCC considered that the proposed acquisition was unlikely to substantially lessen competition for the manufacture and supply of polyethylene pipeline systems.
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. |