Transpacific Industries Group Ltd - acquisition of Lamar Engineering
Type of assessment
Informal Review
Reference
29971
Acquirer(s)
Transpacific Industries Group Ltd
Target(s)
Lamar Engineering
Industry
Manufacture of bins and stationary compactors
Summary
Transpacific acquired the business and assets of Cardiff Close Pty Ltd trading as Lamar Engineering.
Outcome of assessment
Not opposed
Total review days *
8
Commenced public review
22nd October 2007
Date completed
8th November 2007
Market definition
Manufacture and supply of waste bins and stationary compactors in Victoria.
Competition analysis
On 8 November 2007, the ACCC announced its decision not to oppose the acquisition by Transpacific of the business trading as Lamar Engineering from Paul and Andrea Pugliese.
The ACCC considered the information provided by Transpacific and other information available to it. Based on that information, the ACCC considered that the acquisition of the business trading as Lamar Engineering was unlikely to remove a significant source of competitive constraint in the relevant markets. A key factor in reaching this view was the fact that (in relation to the relevant markets) there are a number of alternative competitive providers which will remain available to customers.
Review timeline
Date
Event
3rd October 2007
Transpacific acquired the business and assets of Cardiff Close Pty Ltd (trading as Lamar Engineering).
22nd October 2007
ACCC commenced review under Merger Review Process Guidelines. Market inquiries commenced.
29th October 2007
ACCC requested further information from Transpacific. ACCC timeline suspended.
6th November 2007
Closing date for submissions from interested parties.
6th November 2007
ACCC received further information from TPI. ACCC timeline recommenced.
8th November 2007
ACCC announced it would not oppose the proposed acquisition.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
