Transpacific Industries Group Ltd - completed acquisition of part of the business of Allied Industrial Services Pty Ltd
Type of assessment
Informal Review
Reference
32430
Acquirer(s)
Transpacific Industries Group Ltd
Target(s)
Allied Industrial Services Pty Ltd
Industry
Industrial Cleaning Equipment
Summary
Transpacific Industries Group Ltd has acquired part of the business of Allied Industrial Services Pty Ltd.
Outcome of assessment
Not opposed
Total review days *
25
Commenced public review
4th July 2008
Date completed
7th August 2008
Market definition
The acquisition was considered in the context of:
- the Sydney regional market for the supply of industrial cleaning services;
- the national market for the supply of parts washers; and
- the national market for the supply of compaction bins.
Competition analysis
The ACCC formed the view that the acquisition was unlikely to substantially lessen competition in the relevant markets due to a number of competitors who would be likely to constrain the merged firm.
Review timeline
Date
Event
4th July 2008
ACCC commenced review under Merger Review Process Guidelines.
19th July 2008
Closing date for submissions from interested parties.
7th August 2008
ACCC published a Statement of Issues outlining preliminary competition concerns.
* Total Review days = Total business days less public holidays and time during which the review was suspended.