Acquirer(s)
- Coles Group Limited
Target(s)
- Fresh milk processing facilities from Saputo Dairy Australia Pty Ltd
Summary
Coles Group Limited (ASX: COL) (Coles) proposes to acquire two fresh milk processing facilities from Saputo Dairy Australia Pty Ltd (Saputo).
Saputo produces and wholesales a wide range of dairy products from processing facilities across Australia.
Coles proposes to acquire Saputo’s facilities in Laverton North (Victoria) and Erskine Park (New South Wales). These facilities produce fresh milk for Saputo’s Devondale brand, and for other parties, including Coles, for on-sale as own brand products.
Market inquiries
Submissions are invited from interested parties regarding Coles' proposed acquisition of fresh milk processing facilities from Saputo by 23 May 2023.
Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title: "Submission re: Coles/Saputo processing facilities - attention Caylie McDonald/Eado Varon".
For more details, please refer to the Market Inquiries Letter published below.
Market inquiries
| Document title | Date | |
|---|---|---|
| Market Inquiries Letter |
Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Process Guidelines. |
|
Closing date for submissions. |
|
Provisional date for announcement of ACCC’s findings (as outlined in the Informal Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues). |
Project staff
- Caylie McDonald
- Eado Varon