B&J City Kitchen Pty Ltd - Jewel Fine Foods business and assets held by the entities set out below

Status: 
Completed
Outcome: 
Opposed on 5 September 2019
Industry: 
Ready made meals
Commenced: 
29 July 2019
Total review days: 
28 days

Acquirer(s)

  • B&J City Kitchen Pty Ltd

Target(s)

  • Jewel Fine Foods business and assets held by the entities set out below

Summary

B&J City Kitchen Pty Ltd proposes to acquire the Jewel Fine Foods business and assets from the following entities:

  • Jewel of India Holdings Pty Ltd (Administrators Appointed)
  • Jewel of India Enterprises Pty Limited (Administrators Appointed)
  • Jewel International Foods Pty Ltd (Administrators Appointed) as trustee for Jewel International Foods Unit Trust
  • Jewel Fine Foods Pty Ltd (Administrators Appointed)
  • Jewel of India Admin Pty Ltd (Administrators Appointed)
  • Jewel Equipment Pty Ltd (Administrators Appointed)
  • Jewel Properties (Aust) Pty Ltd (Administrators Appointed) as trustee for Matta Family Trust
  • Jewel of India Retail Pty Ltd (Administrators Appointed)
  • Gardeners Nominees Pty Ltd (Administrators Appointed)

 

Market definition

Refer to the attached Public Competition Assessment.

Competition analysis

Refer to the attached Public Competition Assessment.

Market inquiries

Document title Date
Market enquiry letter ( PDF 357.21 KB ) 29 Jul 2019

Public competition assessment

Document title Date
B&JCK Jewel - Public Competition Assessment ( PDF 301.9 KB ) 23 Jul 2020

Timeline

DateEvent
29/07/2019ACCC commenced informal review under the Informal Merger Review Process Guidelines.
05/08/2019Closing date for submissions.
29/08/2019Former provisional date for announcement of ACCC’s findings (19/09/2019) is brought forward due to the operational circumstances of Jewel.
05/09/2019ACCC announced that it opposed the proposed acquisition.