Acquirer(s)

  • Stramit Corporation Pty Ltd

Target(s)

  • AG&S Building Systems Pty Ltd

Summary

Stramit Corporation Pty Ltd has acquired AG&S Building Systems, trading as Fair Dinkum Homes and Sheds. Stramit is a manufacturer and supplier of steel roll formed products and AG&S provides services to the shed building and assembly industry.

Market definition

The acquisition was considered in the context of separate markets for the supply of steel roll formed products and the supply of steel frame sheds and buildings.

Competition analysis

On 22 August 2007 the ACCC formed the view that the acquisition is not likely to substantially lessen competition in the relevant markets due to a number of actual and potential competitors who would be likely to constrain Stramit from attempting to exercise market power.

Timeline

Date Event

Stramit Corporation Pty Ltd acquired AG&S Building Systems Pty Ltd.

ACCC commenced review under the Merger Review Process Guidelines.

Closing date for submissions from interested parties.

ACCC decided not to oppose the acquisition.