- Spotless' garment business
Alsco Pty Ltd (Alsco) proposed to acquire the garment laundry and rental business of Spotless Group Holdings Limited (Spotless' garment business).
Alsco Pty Ltd is wholly owned by Alsco Inc., a company based in the United States. Spotless Group Holdings Limited is wholly owned by Downer EDI Limited.
Both parties provide garment laundry and work wear rental services in Australia.
|Alsco Spotless Garments - Market inquiries letter - 12 June 2020 (Version 2) ( PDF 333.78 KB )||12 Jun 2020|
|09/06/2020||ACCC commenced informal review under the Informal Merger Review Process Guidelines.|
|25/06/2020||Closing date for submissions.|
|07/08/2020||ACCC is awaiting information from Alsco, and the former provisional date for the announcement of findings (27 August 2020) is delayed.|
|30/09/2020||ACCC received further information from Alsco.|
|08/10/2020||ACCC published a Statement of Issues outlining preliminary competition concerns.|
|22/10/2020||ACCC discontinued its public review after Alsco informed of its intention to withdraw its proposed acquisition of Spotless garment's business.|