Mitsui & Co (Australia) Ltd - proposed acquisition of Salt Asia Holdings Pty Ltd
Type of assessment
Informal Review
Reference
24650
Acquirer(s)
Mitsui & Co (Australia) Ltd
Target(s)
Salt Asia Holdings Pty Ltd
Industry
salt harvesting and processing
Outcome of assessment
Not opposed
Total review days *
15
Commenced public review
30th June 2006
Date completed
20th July 2006
Market definition
The merger was examined within the context of the Western Australian market for the supply of salt and Eastern Australian market for the supply of salt.
Competition analysis
The merger between Mitsui and Salt Asia Holdings is unlikely to lead to a substantial lessening of competition in any Australian market for the supply of salt since neither company supplies salt into any Australian market because their production is all exported.
Review timeline
Date
Event
30th June 2006
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.
17th July 2006
Closing date for submissions from interested parties
20th July 2006
ACCC announced that it would not oppose the merger
* Total Review days = Total business days less public holidays and time during which the review was Suspended.
