Integrated Packaging Australia Pty Ltd - proposed acquisition of The Amcor WA stretch flexibles business of Amcor Packaging (Australia) Pty Ltd

Acquirer(s)

  • Integrated Packaging Australia Pty Ltd

Target(s)

  • The Amcor WA stretch flexibles business of Amcor Packaging (Australia) Pty Ltd

Summary

Integrated Packaging Australia proposes to acquire the business and assets of Amcor Packaging's (Australia) WA stretch film business from Amcor Limited.

Market definition

The ACCC considered the relevant markets to be:
- the national market for the manufacture and supply of industrial stretch film; and
- the national market for the manufacture and supply of agricultural stretch film.

Competition analysis

The ACCC considered the proposed acquisition unlikely to substantially lessen competition due to:
- imports of both industrial and agricultural stretch film, which are likely to impose an effective constraint on the merged entity; and
- the countervailing power held by customers in both the markets for industrial stretch film and the market for agricultural stretch film is likely to impose some constraint on the merged entity.

Timeline

DateEvent
03/06/2008ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.
17/06/2008Closing date for submissions from interested parties.
30/06/2008ACCC announced it would not oppose the proposed acquisition.