Acquirer(s)
- Transpacific Industries Group Ltd
Target(s)
- Allician Pty Ltd T/A Fraser Coast Recycling
Summary
Transpacific has acquired the business of Allician Pty Ltd trading as Fraser Coast Recycling.Market definition
The acquisition was considered in the context of the regional Fraser Coast market for the collection of dry recyclable material. It was not necessary for the ACCC to reach a conclusive view on market definition as the outcome of the competition assessment would not have been affected.Competition analysis
The ACCC formed the view that the acquisition was unlikely to substantially lessen competition due to both the lack of overlap between the operations of Transpacific and Allician and relatively low barriers to entry for the collection of dry recyclable materials.Timeline
Date | Event |
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The acquisition was completed. |
|
ACCC became aware that the acquisition had been completed. |
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ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced. |
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Closing date for submissions from interested parties. |
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ACCC announced it would not oppose the proposed acquisition. |