Summary
A.P. Eagers Limited (AP Eagers) seeks merger authorisation for its proposed acquisition of Automotive Holdings Group Limited (AHG).
AP Eagers and AHG both supply new and used cars, trucks and buses, as well as associated products and services such as car repair and servicing, authorised car parts, insurance and finance in various parts of Australia, including Brisbane, Melbourne, Sydney and the Newcastle/Hunter Valley region of New South Wales.
The ACCC has 90 days to make its decision from the date that the application was lodged, which was 29 April 2019.
The ACCC invites submissions in relation to the proposed acquisition. Please refer to the Market Inquiries Letter below for further information about the proposed acquisition, how to make a submission, and a list of questions and issues you may wish to address in your submission.
Due to statutory timeframes, please make your submission no later than Friday, 17 May 2019.
On 7 May 2019, AP Eagers provided a supplementary statement to the application and an updated Annex 4.01. These documents reflect AP Eagers’ acquisition of the 'Adelaide BMW' and 'Adelaide Mini' dealerships which completed on 30 April 2019.
An indicative timetable for the ACCC’s assessment of this matter is set out below for your information.
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29 April 2019 |
Lodgement of merger application for authorisation and supporting submission. |
|
1 May 2019 |
Public consultation process begins. |
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17 May 2019 |
Closing date for submissions from interested parties. |
|
July 2019 |
ACCC Determination. |
Target(s)
- Automotive Holdings Group Limited
Authorisation number(s)
- MA1000018-1