Baxter International seeks clearance to acquire Gambro AB

Friday, 15 March 2013, 3:38 pm
Press Release: Commerce Commission

The Commerce Commission has received an application from Baxter International Inc. seeking clearance to acquire Gambro Pty Ltd. The application relates to a global merger.

In New Zealand, both Baxter and Gambro distribute and sell dialysis machines and consumables for the treatment of acute and chronic kidney disorders.

A public version of the application is available in the clearances register http://www.comcom.govt.nz/clearances-register/

Background

Assessing an application for a merger or acquisition

When considering a proposed merger, the Commission must decide whether the competition that is lost in a market when two businesses merge is substantial. We will give clearance to a proposed merger only if we are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.

A fact sheet explaining how the Commission assesses a merger application is available for download at http://www.comcom.govt.nz/mergers-and-acquisitions-merger-assessment-fact-sheet/

ENDS

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