Acquirer(s)
- OneSteel Limited
Target(s)
- Fagersta Steels Pty Ltd
Summary
OneSteel acquired Fagersta Steels Pty Ltd - a distributor of stainless steel productsMarket definition
Stainless steel distributionCompetition analysis
The ACCC did not consider the acquisition was likely to substantially lessen competition in the relevant market due to the presence of several other significantly sized stainless steel distributors.Timeline
Date | Event |
---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC decided to not oppose the acquisition. |