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 |
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ACCC commences review under the Merger Review Process Guidelines. Market inquiries commence |
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Closing date for submissions from interested parties |
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ACCC decided not to oppose the acquisition. |