Castle Harlan Australian Mezzanine Partners Pty Limited, Catalyst Investment Managers Pty Limited and PPM Capital Limited - proposed acquisition of the Australian discount variety business of The Warehouse Group Limited and the discount variety business o

Summary

Castle Harlan Australian Mezzanine Partners Pty Limited, Catalyst Investment Managers Pty Limited and PPM Capital Limited propose to acquire the Australian discount variety business of The Warehouse Group Limited and the discount variety business of Miller's Retail Limited.

Market definition

The ACCC considered the impact of the acquisition on the discount variety store market.

Competition analysis

The ACCC considered that the acquisition was unlikely to substantially lessen competition in the discount variety store market on the basis of relatively low barriers to entry and the existence of a number of large, medium and small operators competing in this sector, including discount department stores.

Initiation

FIRB