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