Baxter International seeks clearance to acquire Gambro AB
Published15 Mar 2013
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.
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.
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.