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

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

Public competition assessment

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.