Ricegrowers Limited (trading as SunRice) - proposed acquisition of certain rice milling equipment from Allied Mills Australia Pty Ltd
Type of assessment
Informal Review
Reference
41873
Acquirer(s)
Ricegrowers Limited (trading as SunRice)
Target(s)
rice milling equipment from Allied Mills Australia Pty Ltd
Industry
Rice milling
Outcome of assessment
Not opposed
Total review days *
20
Commenced public review
24th May 2010
Date completed
21st June 2010
Market definition
The matter was considered based on the following markets:
- the market for the acquisition of rice paddy in eastern Australia and the manufacture of rice.
- the national market for the supply of rice.
Competition analysis
On 21 June 2010, the ACCC announced its decision not to oppose Ricegrowers Limited's (trading as SunRice) proposed acquisition of certain rice milling equipment from Allied Mills Australia Pty Ltd.
The ACCC considered the information provided by the parties and other information available to it. Based on that information, the ACCC considered that the acquisition of rice milling equipment from Allied Mills was unlikely to remove a significant source of competitive constraint in the relevant markets.
Review timeline
Date
Event
24th May 2010
ACCC commenced review under the Merger Review Process Guidelines.
8th June 2010
Closing date for submissions from interested parties.
21st June 2010
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.
