Acquirer: Tropical Ice; Target: Nice Ice

Acquirer(s)

  • Tropical Ice

Target(s)

  • Nice Ice

Summary

Tropical Ice has acquired Nice Ice's business in Townsville.

Market definition

The relevant market is the market for the manufacture and distribution of ice in Townsville.

Competition analysis

Whilst the acquisition crosses the Commission's thresholds for the exercise of market power the Commission considers that it is unlikely to result in a substantial lessening of competition due to the low barriers to entry and the ability of end-users to manufacture their own ice.

Merger type

Horizontal

Guidelines thresholds

Unknown

Imports above 10%

Unknown

Initiation

Complaint

ANZSIC code

2179