Merial Australia Pty Ltd - acquisition of Ancare Australia Pty Ltd

Status: 
Completed
Outcome: 
Not opposed on 28 July 2008
Reference number: 
32261
Industry: 
Animal health
Commenced: 
10 July 2008
Total review days: 
13 days

Acquirer(s)

  • Merial Australia Pty Ltd

Target(s)

  • Ancare Australia Pty Ltd

Summary

Merial Australia Pty Ltd announced that it had acquired Ancare Australia Pty Ltd on 24 October 2007.

Market definition

The ACCC considered the completed acquisition within the context of the national market for sheep drenches.

Competition analysis

The ACCC considers that the acquisition is not likely to have resulted in a substantial lessening of competition in the relevant market due to the presence of a number of current and potential future alternative suppliers of sheep drenches within Australia, including suppliers of both single active and combination drenches.

Timeline

DateEvent
24/10/2007Merial announced that it had acquired Ancare.
10/07/2008ACCC commenced review under the Merger Review Process Guidelines.
21/07/2008Closing date for submissions from interested parties.
28/07/2008ACCC announced it would not intervene in the completed acquisition.