Acquirer(s)

  • Chiquita Mushrooms Pty Ltd

Target(s)

  • Queensland Mushrooms

Summary

Chiquita Mushrooms Pty Ltd - proposed acquisition of Queensland Mushrooms

Market definition

The proposed acquisition was examined within the context of the national market for mushroom growing. However, it may be that the market includes other vegetables or foods. It was not necessary to resolve this issue in the current matter.

Competition analysis

The ACCC did not consider that the proposed acquisition would substantially lessen competition in the relevant market as several large competitors will remain post-acquisition that are capable of supplying mushrooms nationally.

Timeline

Date Event

ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced.

ACCC decided not to oppose the proposed acquisition