Acquirer(s)
- Cleanaway Waste Management Limited
Target(s)
- Citywide Service Solutions Pty Ltd’s waste and recycling business
Summary
On 24 June 2024, Cleanaway Waste Management Limited (Cleanaway) announced that it proposes to acquire, by way of a Business Sale Agreement, the waste and recycling business of Citywide Service Solutions Pty Ltd (Citywide Waste). Cleanaway also proposes to acquire a lease to operate the waste transfer station located at 391-395 Dynon Road in West Melbourne.
Cleanaway is an ASX-listed company (ASX:CWY) that provides waste management and industrial services across Australia. This includes the supply of waste management services to municipal councils, and commercial and industrial customers. Cleanaway owns and/or operates a number of waste disposal and processing facilities in Melbourne, including six transfer stations, two material recovery facilities, an organics processing facility and a landfill.
Citywide Waste provides waste management services in Melbourne to municipal councils, and commercial and industrial customers. Citywide Waste also operates the Dynon Road transfer station.
Market inquiries
Submissions are invited from interested parties regarding Cleanaway’s proposed acquisition of Citywide Waste by 4pm on 26 August 2024.
Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title: "Submission re: Cleanaway/Citywide Waste".
For more details, please refer to the Market Inquiries Letter published below.
Following 26 August 2024, queries regarding the ACCC’s review may also be addressed to mergers@accc.gov.au.
For more details, please refer to the Market Inquiries letter published below.
ACCC correspondence
| Document title | Date | |
|---|---|---|
| Cleanaway Citywide Waste - Market inquiries letter |
Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Process Guidelines. |
|
Closing date for submissions. |
|
Timeline suspended pending receipt of information from the parties. Former proposed date for announcement of findings (31 October 2024) was delayed. |
|
ACCC received further information from the merger parties (on 8 October 2024). Timeline recommenced. |
|
Provisional date for announcement of ACCC’s findings (as outlined in the Informal Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues). |
Project staff
- mergers@accc.gov.au