Transpacific Industries Group Ltd - acquisition of a 75% interest in the landfill and recycling operations at 343 Bowhill Rd Willawong, Queensland
Type of assessment
Informal Review
Reference
30028
Acquirer(s)
Transpacific Industries Group Ltd
Target(s)
Willawong Landfill
Industry
Waste disposal and recycling
Summary
Transpacific has purchased a 75% interest from Kevyn Anderson Construction and Demolition Waste Services Pty Ltd in the business and assets of the landfill and recycling operation at 343 Bowhill Rd, Willawong QLD through a newly created joint venture (the remaining 25% of which will be held by Kevyn Anderson).
Outcome of assessment
Not opposed
Total review days *
15
Commenced public review
23rd October 2007
Date completed
20th November 2007
Market definition
South-east Queensland markets for waste disposal and recycling services.
Competition analysis
On 20 November 2007, the ACCC announced its decision not to oppose the acquisition by Transpacific of a 75% interest in the landfill and recycling operations at 343 Bowhill Rd Willawong, Queensland (Willawong).
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 Willawong was unlikely to substantially lessen competition in the south-east Queensland market for waste disposal and recycling services due to the existence of alternative competitive providers which will remain available to customers.
Review timeline
Date
Event
3rd October 2007
Transpacific acquired a 75% interest in the landfill and recycling operation at 343 Bowhill Rd Willawong, QLD.
23rd 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
ACCC received further information from TPI. ACCC timeline recommenced.
7th November 2007
Closing date for submissions from interested parties.
20th 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.
