Endeavour Group Limited - Beachfront Hotel

Acquirer(s)

  • Endeavour Group Limited

Target(s)

  • Beachfront Hotel

Summary

Endeavour Group Limited (Endeavour) proposes to acquire Beachfront Hotel at 342 Casuarina Drive, Rapid Creek, NT (Beachfront Hotel).

Endeavour is a major Australian alcoholic drinks retailer and hotel operator. It operates several bottle shops (including BWS Nightcliff and BWS Casuarina) and hotels (including Airport Tavern) near Beachfront Hotel. Beachfront Hotel consists of the hotel and an adjoining drive-through bottle shop which trades under the Cellarbrations brand.

Market inquiries

The ACCC has published a Statement of Issues outlining preliminary competition concerns in relation to the proposed acquisition.

The ACCC invites customers of the Beachfront Hotel Cellarbrations to complete a short survey on their shopping habits.

The ACCC also invites submissions on its Statement of Issues by close of business on 16 January 2023.

Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title “Submission re: Endeavour Group's proposed acquisition of Beachfront Hotel - attention Micaela Bassford." 

Following the closing date, queries regarding the ACCC’s review may be addressed to Micaela Bassford at mergers@accc.gov.au

For more details, please refer to the attached Statement of Issues.

Market inquiries

Statement of issues

Timeline

DateEvent
28/07/2022ACCC commenced informal review under the Informal Merger Review Process Guidelines.
19/08/2022Closing date for submissions.
17/10/2022Former provisional date for announcement of findings (20 October) delayed to allow Endeavour more time to provide additional information.
02/11/2022Former provisional date for announcement of findings (3 November) delayed further to allow Endeavour more time to provide additional information. A new indicative decision date will be provided in due course.
06/12/2022ACCC timeline recommenced.
12/12/2022ACCC published a Statement of Issues outlining preliminary competition concerns.
16/01/2023Closing date for submissions relating to Statement of Issues.
09/03/2023Proposed date for announcement of ACCC’s decision.

Project staff

  • Micaela Bassford
  • Andy Gallagher

Contact email