Nippon Paper Group, Inc - proposed acquisition of certain assets of Paper Australia Pty Ltd
Type of assessment
Informal Review
Reference
36357
Acquirer(s)
Nippon Paper Group Inc
Target(s)
Paper Australia Pty Ltd
Industry
Paper manufacturing
Summary
Nippon Paper Group Inc proposes to acquire Paper Australia Pty Ltd (the pulp and paper manufacturing arm of PaperlinX Limited), with the exception of Paper Australia's two Tasmanian mills at Burnie and Wesley Vale.
Outcome of assessment
Not opposed
Total review days *
20
Commenced public review
19th February 2009
Date completed
19th March 2009
Market definition
While the ACCC did not consider it necessary to reach a definitive view on market definition in this matter, the ACCC considered the transaction in the context of national markets for the manufacture and/or supply of:
The ACCC formed the view that the proposed acquisition was unlikely to substantially lessen competition in the relevant markets.
In reaching this conclusion the ACCC noted that the proposed transaction was unlikely to lead to a significant change in market concentration in any of the relevant markets. The ACCC also had regard to the high levels of imports in each market.
Review timeline
Date
Event
19th February 2009
ACCC commenced review under the Merger Review Process Guidelines.
12th March 2009
Closing date for submissions from interested parties.
19th March 2009
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.
