Acquirer: Webster Limited; Target: Springs Seafood Pty Ltd

Acquirer(s)

  • Webster Limited

Target(s)

  • Springs Seafood Pty Ltd

Summary

On 22 July 2003, the Webster informed the Commission of its intention to acquire the business of Springs.

Market definition

The national market for the wholesale supply of smoked salmon.

Competition analysis

On 21 August 2003 the Commission decided that it would not intervene in the proposed aquisition. The Commission made it decision on the basis of the following factors:

the high level of imported product and likelihood of its pending increase; the availability of substitutes of smoked salmon; and the countervailing power held by large fish wholesalers and supermarkets.

Merger type

Horizontal

Guidelines thresholds

Crossed

Imports above 10%

Yes

Initiation

Parties

ANZSIC code

2173