Transpacific Industries Group Ltd - acquisition of Stepjo Pty Ltd trading as Big Boys Bins
Type of assessment
Informal Review
Reference
29930
Acquirer(s)
Transpacific Industries Group Ltd
Target(s)
Stepjo Pty Ltd
Industry
Manufacture and supply of waste bins
Summary
Transpacific has acquired the business and assets of Stepjo Pty Ltd trading as Big Boys Bins.
Outcome of assessment
Not opposed
Total review days *
11
Commenced public review
21st November 2007
Date completed
5th December 2007
Market definition
Collection of solid waste in the south-east Queensland region.
Competition analysis
On 5 December 2007, the ACCC announced its decision not to oppose the acquisition by Transpacific of Stepjo Pty Ltd, trading as Big Boy's Bins.
The ACCC considered that the acquisition of Big Boy's Bins was unlikely to substantially lessen competition in the relevant abovementioned markets, due to the existence of alternative competitive providers which will remain available to customers.
Review timeline
Date
Event
9th November 2007
Transpacific acquired Stepjo Pty Ltd, trading as Big Boys Bins.
21st November 2007
ACCC commenced review under Merger Review Process Guidelines. Market inquiries commenced.
28th November 2007
Closing date for submissions from interested parties.
5th December 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.