Acquirer(s)
- InvoCare Limited
Target(s)
- Chipper Pty Ltd
Summary
InvoCare Limited's acquisition of Chipper Pty LtdMarket definition
The ACCC considered the acquisition in the context of the supply of funeral direction services in the Perth region.Competition analysis
On 8 April 2008, the ACCC formed the view that the acquisition would be unlikely to result in a substantial lessening of competition in funeral direction services in Perth because:- the acquisition hadn't significantly altered the market dynamic;
- there remained a number of alternative suppliers in the industry, including Bowra O'Dea, Prosser Scott and Seasons, which would provide a competitive constraint on the entity; and
- no vertical issues arose since all of the cremation and cemetery facilities in WA were owned by the State.
Timeline
| Date | Event |
|---|---|
InvoCare Limited acquired the business assets of Chipper Pty Ltd. |
|
ACCC commences review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC announced it would not oppose the acquisition. |