Murray Goulburn Co-operative Co. Limited - proposed acquisition of Warrnambool Cheese and Butter Factory Company Holdings Ltd
Type of assessment
Informal Review
Reference
40744
Acquirer(s)
Murray Goulburn Co-operative Co. Limited
Target(s)
Warrnambool Cheese and Butter Factory Company Holdings Ltd
Industry
Dairy
Summary
Murray Goulburn sought ACCC merger clearance regarding its proposed acquisition of Warrnambool Cheese and Butter Factory. The parties overlapped in the acquisition of raw milk from farmers and in the manufacture and supply of a range of fresh and non-fresh milk and dairy products.
Outcome of assessment
Withdrawn
Total review days *
53
Commenced public review
22nd February 2010
Date completed
2nd June 2010
Statement of issues
Statement of Issues 22nd April 2010 D10+3542719.pdf (126.1 KB)
Review timeline
Date
Event
22nd February 2010
ACCC commenced review under the Merger Review Process Guidelines.
19th March 2010
Closing date for submissions from interested parties.
22nd April 2010
ACCC published a Statement of Issues outlining preliminary competition concerns. Former proposed date for announcement of ACCC's findings, of 22 April 2010, amended to allow for the Statement of Issues.
30th April 2010
Murray Goulburn requested additional time, beyond 7 May 2010, to respond to the Statement of Issues.
7th May 2010
Closing date for submissions relating to Statement of Issues.
12th May 2010
ACCC requested further information from Murray Goulburn, ACCC timeline suspended. Former proposed date for announcement of ACCC's findings, of 3 June 2010, amended to allow for Murray Goulburn to respond to the Statement of Issues and information request.
2nd June 2010
Murray Goulburn announced that it did not intend to proceed with the proposed acquisition and withdrew its application for ACCC merger clearance. Consequently, the ACCC ceased its review of the proposed acquisition.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
