Acquirer(s)
- BIS Industries Ltd
Target(s)
- Gulf Transport Pty Ltd
Market definition
The ACCC considered the proposed acquisition in the context of a national market for the supply of off-road haulage services to the mining industry.Competition analysis
The ACCC considered that the proposed acquisition was unlikely to result in a substantial lessening of competition due to:- the significant number of rival haulage companies remaining post-acquisition
- the ability of mining companies, to some extent, to conduct haulage operations themselves rather than outsourcing these services to haulage companies
Timeline
Date | Event |
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ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC announced it would not oppose the proposed acquisition. |