Acquirer(s)
- Flint Group Australia Pty Ltd
Target(s)
- Siegwerk Australia Pty Ltd
Summary
Flint Group Australia Pty Ltd entered into an agreement to acquire selected business assets of Siegwerk Australia Pty Ltd.Market definition
The ACCC considered the proposed acquisition in the context of national markets for:- the manufacture and supply of sheetfed inks;
- the manufacture and supply of solvent-based liquid inks;
- the manufacture and supply of water-based liquid inks; and
- the manufacture and supply of narrow web inks.
Competition analysis
On 13 May 2008, the ACCC formed the view that the proposed acquisition was unlikely to result in a substantial lessening of competition in the relevant markets. In reaching this view, the ACCC considered the significant import competition for ink products, as well as the competitive constraint imposed by other local suppliers of ink products, having reference to the low barriers to expansion for ink products in the relevant markets.Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Market inquiries commenced. |
|
Closing date for submissions from interested parties. |
|
ACCC announced it would not oppose the proposed acquisition. |