Repco Limited - acquisition of Alesco Corporation Limited's automotive business

Status: 
Completed
Reference number: 
21075
Industry: 
Automotive Parts - Auto Air Conditioning
Date completed: 
10 May 2005

Summary

Repco Corporation Limited's acquisition of Alesco Corporation Limited's automotive businesses

Market definition

For the purposes of this competition assessment, the relevant market is considered to be the national market for the supply of automotive air conditioning parts for passenger and light commercial vehicles.

Competition analysis

The merged entity faces competition from other independent suppliers of varying sizes and from car manufacturers offering "genuine parts". In addition, barriers to entry and expansion appear to be low and imports account for a significant share of the market. Consequently, the ACCC considers that the acquisition is unlikely to result in a substantial lessening of competition.

Merger type

Horizontal

Initiation

Complaint