Acquirer(s)
- ITW Australia Pty Ltd
Target(s)
- IWD Strapping Sales Pty Ltd
Summary
Competition analysis
The merged entity will supply a range of strapping products, including steel, polyester and polypropylene strapping. The ACCC was satisfied that imports and, for lighter strapping products, suppliers of other unitisation products (for example, shrink and stretch wrap) would be likely to constrain the merged entity.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. |