Acquirer(s)

  • Brothers Mee Pty Ltd

Target(s)

  • Limsol Pty Ltd (trading as Queensland Ice Supplies)

Summary

Brothers Mee Pty Ltd acquired Limsol Pty Ltd, an ice manufacture and distribution business.

Market definition

The relevant market appears to be the market for the manufacture and distribution of ice in the greater Brisbane area.

Competition analysis

This acquisition may have led to increased concentration in the ice manufacture and distribution industry in greater Brisbane. While the ice manufacture and distribution industry is highly concentrated in the greater Brisbane area, it appears to have low barriers to entry. Furthermore, the ability of ice customers (such as restaurants and food manufactures) to manufacture their own ice would appear to provide a competitive constraint on the industry.

Timeline

Date Event

ACCC commences review under the Merger Review Process Guidelines. Market inquiries commence

Closing date for submissions from interested parties

ACCC decided not to oppose the acquisition.