Carl Zeiss AG - proposed acquisition of SOLA International Inc.

Summary

Carl Zeiss AG and EQT III Fund - proposed acquisition of SOLA International Inc.

Market definition

The wholesale supply of eye-glass lenses to the retail level.

Competition analysis

On 8 March 2005 the ACCC considered that competition from the two remaining global firms and the potential entry of overseas firms would constrain the merged firm such that the proposed acquisition would not substantially lessen competition. The ACCC also noted the small market share held by Carl Zeiss in Australia as well as imports supplying approximately 60% of eyeglass lenses to the retail level.

Merger type

Horizontal

Initiation

Parties