Chiquita Mushrooms Pty Ltd - proposed acquisition of Queensland Mushrooms
Type of assessment
Informal Review
Reference
25372
Acquirer(s)
Chiquita Mushrooms Pty Ltd
Target(s)
Queensland Mushrooms
Industry
Horticulture
Summary
Chiquita Mushrooms Pty Ltd - proposed acquisition of Queensland Mushrooms
Outcome of assessment
Not opposed
Total review days *
16
Commenced public review
29th August 2006
Date completed
19th September 2006
Market definition
The proposed acquisition was examined within the context of the national market for mushroom growing. However, it may be that the market includes other vegetables or foods. It was not necessary to resolve this issue in the current matter.
Competition analysis
The ACCC did not consider that the proposed acquisition would substantially lessen competition in the relevant market as several large competitors will remain post-acquisition that are capable of supplying mushrooms nationally.
Review timeline
Date
Event
29th August 2006
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.
19th September 2006
ACCC decided not to oppose the proposed acquisition
* Total Review days = Total business days less public holidays and time during which the review was suspended.
