Acquirer(s)

  • Pact Group Pty Ltd

Target(s)

  • Viscount Plastics Pty Ltd

Statement of issues

Based on market inquiries conducted previously and competition concerns identified at that time, the ACCC is re-issuing a Statement of Issues for this proposed acquisition. This Statement of Issues largely reflects the ACCC's previous Statement of Issues; however, some amendments have been made to reflect changes advised by Pact Group since the ACCC's previous consideration of the proposed acquisition.

Timeline

Date Event

ACCC commenced review under the Merger Review Process Guidelines.

ACCC published a Statement of Issues outlining preliminary competition concerns.

Closing date for submissions relating to Statement of Issues.

Former proposed date for announcement of ACCC's findings. At the request of Pact Group, the ACCC timeline has been suspended to allow time for Pact Group to provide further information to the ACCC.

Pact Group has withdrawn its application for an informal merger review. Consequently, the ACCC has ceased reviewing this matter.