Acquirer(s)
- Husqvarna Japan limited
Target(s)
- Komatsu Zenoah Co.
Summary
Husqvarna Japan Limited proposes to acquire all of Komatsu Zenoah Company's equity interests in Zenoah Company LimitedMarket definition
The proposed acquisition was considered in the context of separate national markets for the wholesale supply of: chainsaws; trimmers and brush-cutters; hedge trimmers; hand-held blowers and backpack blowers.Competition analysis
On 27 March 2007, the ACCC formed the view that the proposed acquisition was unlikely to result in a substantial lessening of competition in the relevant markets. Factors informing this conclusion included:- the increase in the merged firm's market shares for each of the relevant products would be relatively small; and
- there would remain a number of alternative suppliers for each of the relevant products to which customers could turn.
Timeline
Date | Event |
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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 |