Acquirer(s)
- Protector Glass Industries Pty Ltd
Target(s)
- Southern Cross Auto Glass Pty Limited
Summary
Protector Glass Industries Pty Ltd proposes to acquire the business assets of Southern Cross Auto Glass Pty Ltd.Market definition
The ACCC assessed the proposed acquisition in terms of the New South Wales market for the wholesale supply of automotive glass.Competition analysis
The ACCC formed the view that the proposed acquisition would be unlikely to substantially lessen competition in the relevant market. Factors informing this conclusion included the competitive constraint provided by existing alternative suppliers of automotive glass and the existence of relatively low barriers to entry and expansion to automotive glass supply.Timeline
Date | Event |
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ACCC commenced review under the Merger Review Process Guidelines. |
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Closing date for submissions from interested parties. |
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ACCC announced it would not oppose the proposed acquisition. |