Sonic Healthcare Limited - completed acquisition of Adelaide Pathology Partners (APP)

Acquirer(s)

  • Sonic Healthcare Limited

Target(s)

  • Adelaide Pathology Partners

Summary

Sonic acquired Adelaide Pathology Partners (APP), a supplier of pathology services in South Australia. APP competed with Sonic's Clinpath business.

Market definition

The ACCC considered the completed acquisition in the market for the supply of community pathology services in South Australia, encompassing both clinical and anatomical pathology services. The ACCC did not reach a concluded view regarding market definition as it was not critical to the competition assessment.

Competition analysis

The ACCC concluded that the acquisition was not likely to substantially lessen competition as there would remain alternative suppliers of pathology services in South Australia who would constrain the merged entity, including Australian Clinical Labs (formerly Healthscope), SA Pathology and Abbott Pathology.

Timeline

DateEvent
09/11/2015ACCC commenced review under the Merger Process Guidelines.
13/11/2015Closing date for submissions from interested parties.
08/06/2016The ACCC announced that, based on the information available at this time, it would discontinue its investigation into the completed acquisition. The ACCC will however continue to monitor the effect of the acquisition on competition for the supply of pathology services in South Australia.