Ratcliff Palfinger/Ross & Bonnyman (commercial Vehicles Tail Lifts Spare Parts Business): A Report on the Anticipated Acquisition by Ratcliff ... Lifts Spare Parts Business of Ross & Bonnyman

 
9780117081536: Ratcliff Palfinger/Ross & Bonnyman (commercial Vehicles Tail Lifts Spare Parts Business): A Report on the Anticipated Acquisition by Ratcliff ... Lifts Spare Parts Business of Ross & Bonnyman

In this report the Competition Commission (CC) formally clears the anticipated acquisition by Ratcliff Palfinger Limited of the commercial vehicles tail lifts spare parts business of Ross & Bonnyman Limited. The CC first examined whether Ross & Bonnyman's decision to wind down its tail lift business was in any way influenced by the agreement to sell its associated spare parts business. It concluded that that was not the case-Ross & Bonnyman had decided to exit tail lift manufacturing some time before entering into discussions with Ratcliff Palfinger, and had already stopped manufacturing even though the merger had not been completed. Consequently the CC looked only at whether the acquisition would affect competition in the spare parts market. It concluded that there was no significant effect because competition between suppliers of spare parts for different makes of tail lift was already extremely limited, as most spare parts are designed specifically to fit one make of tail lift.

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