Macmahon Holdings Limited - proposed acquisition of Ausdrill Limited
Type of assessment
Informal Review
Reference
32406
Acquirer(s)
MacMahon Holdings Limited
Target(s)
Ausdrill Limited
Industry
Mining, Construction
Outcome of assessment
Not opposed
Total review days *
10
Commenced public review
10th July 2008
Date completed
23rd July 2008
Market definition
For the purposes of this competition assessment, the relevant markets considered were:
- the market for the supply of mining services for larger scale projects (tier 1); and
- the market for the supply of mining services for smaller scale projects (tier 2 and tier 3).
These markets were considered on a national basis.
Competition analysis
The ACCC considered that the proposed acquisition was unlikely to substantially lessen competition in any of the relevant markets as there was limited overlap between the operations of Macmahon and Ausdrill. The merged firm would also continue to be competitively constrained by existing mining service firms.
Review timeline
Date
Event
10th July 2008
ACCC commenced review under the Merger Review Process Guidelines.
17th July 2008
Closing date for submissions from interested parties.
23rd July 2008
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.
