BIS Industries Ltd - proposed acquisition of Gulf Transport Pty Ltd

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

DateEvent
23/07/2010ACCC commenced review under the Merger Review Process Guidelines.
11/08/2010Closing date for submissions from interested parties.
25/08/2010ACCC announced it would not oppose the proposed acquisition.