BIS Industries Ltd - proposed acquisition of Gulf Transport Pty Ltd
Type of assessment
Informal Review
Reference
41654
Acquirer(s)
BIS Industries Ltd
Target(s)
Gulf Transport Pty Ltd
Industry
Haulage services
Outcome of assessment
Not opposed
Total review days *
24
Commenced public review
23rd July 2010
Date completed
25th August 2010
Market definition
The ACCC considered the proposed acquisition in the context of a national market for the supply of off-road haulage services to the mining industry.
Competition analysis
The ACCC considered that the proposed acquisition was unlikely to result in a substantial lessening of competition due to:
- the significant number of rival haulage companies remaining post-acquisition
- the ability of mining companies, to some extent, to conduct haulage operations themselves rather than outsourcing these services to haulage companies
Review timeline
Date
Event
23rd July 2010
ACCC commenced review under the Merger Review Process Guidelines.
11th August 2010
Closing date for submissions from interested parties.
25th August 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.