Bucyrus Inc - proposed acquisition of DBT GmbH

Acquirer(s)

  • Bucyrus Inc

Target(s)

  • DBT Gmbh

Summary

Bucyrus Inc proposed acquisition of DBT GmbH. Bucyrus supplies and services surface mining equipment. DBT supplies and services underground mining equipment.

Market definition

This merger was considered in the context of:
- the supply of surface mining equipment,
- the after sales service of surface mining equipment,
- the supply of underground mining equipment, and
- the after sales service of underground mining equipment.

Competition analysis

The parties have no overlap in the product markets that they service and so it appears unlikely that the acquisition will lead to a substantial lessening of competition.

Timeline

DateEvent
01/02/2007ACCC commenced review under the Merger Review Process Guidelines.
14/02/2007Commenced market inquiries
21/02/2007Closing date for submissions from interested parties
22/02/2007ACCC announced its decision not to oppose the merger