National Foods Limited and Warrnambool Cheese and Butter Factory Company Holdings Limited - proposed acquisition of Australian Co-operative Foods Limited (Dairy Farmers)
Type of assessment
Informal Review
Reference
31441
Acquirer(s)
National Foods Limited Warrnambool Cheese and Butter Factory Company Holdings Limited
Target(s)
Australian Co-operative Foods Limited (Dairy Farmers)
Industry
Dairy
Summary
See Public Competition Assessment.
Outcome of assessment
Not opposed subject to undertakings
Total review days *
55
Commenced public review
17th April 2008
Date completed
24th July 2008
Market definition
See Public Competition Assessment.
Competition analysis
See Public Competition Assessment.
Public competition assessment
Public Competition Assessment 19th September 2008 D08+95698.pdf (1.3 MB)
Undertakings
S87B undertaking 24th July 2008 D08+74793.pdf (1.1 MB)
1st variation to Undertaking 26th May 2009 D09+57791.pdf (62.6 KB)
2nd Variation to Undertaking 24th July 2009 D09+92730.pdf (213.6 KB)
Review timeline
Date
Event
17th April 2008
ACCC commenced review under the Merger Review Process Guidelines.
23rd April 2008
ACCC awaiting further information from National Foods. ACCC timeline suspended.
9th May 2008
ACCC received further information from National Foods. ACCC timeline recommenced.
16th May 2008
Closing date for submissions from interested parties.
30th June 2008
Former proposed date for announcement of ACCC's findings of 3 July 2008 revised. ACCC timeline suspended pending the receipt of additional information that the parties intended to submit to the ACCC.
9th July 2008
Draft 87B undertaking proffered by National Foods. ACCC timeline recommenced. ACCC commenced market inquiries relating to draft 87B undertaking.
16th July 2008
Closing date for submissions relating to draft 87B undertaking.
24th July 2008
After accepting court enforceable undertaking proffered by National Foods, the 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.
