Toll Holdings Limited - completed acquisition of Extra Transport Group Pty Ltd
Type of assessment
Informal Review
Reference
36867
Acquirer(s)
Toll Holdings Limited
Target(s)
Extra Transport Group Pty Ltd
Industry
Road Transport
Summary
In July 2008, Toll Holdings acquired Extra Transport Group Pty Ltd, a Melbourne based business which provided wharf cartage and warehousing services.
Outcome of assessment
Not opposed
Total review days *
12
Commenced public review
23rd March 2009
Date completed
7th April 2009
Market definition
For the purposes of assessing this acquisition, the ACCC considered the following markets: the market for the provision of wharf cartage services within Melbourne; the market for the provision of warehousing services in Melbourne; and the market for the supply of integrated logistics services.
Competition analysis
The ACCC considered that the acquisition was unlikely to substantially lessen competition in the relevant markets. The ACCC considered that there are a number of alternative suppliers of wharf cartage and warehousing services which would continue to provide a competitive constraint on Toll. The ACCC considered that there are many competitors who supply only wharf cartage and warehousing services or freight forwarding services suggesting that suppliers do not need to offer a complete integrated logistics service in order to compete or enter the market.
Review timeline
Date
Event
1st July 2008
Toll Holdings Limited acquired Extra Transport Group Pty Ltd.
23rd March 2009
ACCC commenced review under the Merger Review Process Guidelines.
3rd April 2009
Closing date for submissions from interested parties.
7th April 2009
ACCC announced it would not oppose the acquisition.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
