InvoCare Limited - acquisition of Christian Funeral Company
Type of assessment
Informal Review
Reference
31485
Acquirer(s)
InvoCare Limited
Target(s)
Christian Funeral Company
Industry
Funerals
Summary
InvoCare Ltd has acquired Christian Funeral Company
Outcome of assessment
Not opposed
Total review days *
28
Commenced public review
4th August 2008
Date completed
10th September 2008
Market definition
The acquisition was considered in the context of a market for the supply of funeral direction services in the Perth region.
Competition analysis
On 10 September 2008, the ACCC formed the view that the acquisition was unlikely to substantially lessen competition in the relevant market. Factors informing this conclusion included the presence of a number of competitors in the region and the fact that no vertical integration issues arose as a result of the acquisition.
Review timeline
Date
Event
4th August 2008
ACCC became aware that the acquisition had been completed.
4th August 2008
ACCC commenced review under the Merger Review Process Guidelines.
5th September 2008
Closing date for submissions from interested parties.
10th September 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.
