ACCC clears acquisition of BCS Group by Daifuku Co Ltd

2 February 2015

News

Thomson Geer has advised Daifuku Co Ltd on competition law issues relating to its acquisition of BCS Group.  On 30 January 2015, the ACCC provided informal clearance of the merger, after several months of negotiations and submissions.

Daifuku is the world’s leading materials handling company with an annual turnover in excess of $US2.3 billion, and this is its first acquisition in Australia.  BCS Group is Australia’s leading supplier of automated baggage handling and courier sortation systems, with 70% market share in the airports sector and 50% market share in the postal/courier sector.