On 21 November 2013, the ACCC commenced its review into the proposed acquisition by Amcor Ltd (Amcor) of Detmold Flexibles Pty Ltd (Detmold) and Detmark Pty Ltd (Detmark).
Amcor supplies a range of plastic, metal, fibre and glass packing products, as well as providing packaging related services. Amcor supplies its products to a range of industries including businesses in food, beverage, household, pharmaceutical and construction.
Detmold manufactures paper board and film based packaging products.
The ACCC is considering the proposed acquisition under section 50 of theCompetition and Consumer Act 2010, which prohibits acquisitions that substantially lessen competition in a market, or are likely to do so. Submissions to the ACCC from interested parties in relation to the merger close on 13 December 2013. If you would like assistance in preparing such a submission please contact us.