Acquirer(s)

  • Elanco Animal Health Incorporated

Target(s)

  • Bayer Aktiengesellschaft’s animal health business

Summary

Elanco Animal Health Incorporated proposes to acquire Bayer Aktiengesellschaft’s animal health business, which covers development and distribution of prescription and non-prescription products for farm and companion animals. In Australia, this includes:

  • pharmaceuticals, such as parasiticides and antimicrobials and analgesics,
  • specialty products, which include immunomodulators,
  • nutritionals, including vitamins, feed supplements and feed additives, and
  • other products including disinfectants.

Market definition

Refer to the attached Public Competition Assessment.

Competition analysis

Refer to the attached Public Competition Assessment.

Timeline

Date Event

ACCC commenced informal review under the Informal Merger Review Process Guidelines.

Closing date for submissions from interested parties.

ACCC requested further information from the parties. Former provisional date for announcement of findings (12 March) delayed.

ACCC received further information from the parties.

ACCC is awaiting further information from the parties. Former provisional date for announcement of findings (30 April) is delayed.

ACCC commenced market consultation on proposed s87B undertaking. ACCC timeline recommenced.

Closing date for submissions relating to the draft proposed divestment undertaking.

ACCC is awaiting information from the parties. Former provisional date for announcement of findings (18 June) is delayed.

ACCC received further information from the parties.

ACCC announced it would not oppose the proposed acquisition, subject to a section 87B undertaking accepted by the ACCC.