Acquirer(s)

  • Mitsui & Co (Australia) Ltd

Target(s)

  • Salt Asia Holdings Pty Ltd

Summary

Market definition

The merger was examined within the context of the Western Australian market for the supply of salt and Eastern Australian market for the supply of salt.

Competition analysis

The merger between Mitsui and Salt Asia Holdings is unlikely to lead to a substantial lessening of competition in any Australian market for the supply of salt since neither company supplies salt into any Australian market because their production is all exported.

Timeline

Date Event

ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.

Closing date for submissions from interested parties

ACCC announced that it would not oppose the merger