H J Heinz Company Australia Limited - proposed acquisition of Rafferty's Garden Pty Ltd

Acquirer(s)

  • H J Heinz Company Australia Limited

Target(s)

  • Rafferty's Garden Pty Ltd

Summary

H J Heinz Company Australia Limited proposed to acquire Rafferty's Garden Pty Ltd. Following a public review, on 6 June 2013, the ACCC announced that it would oppose the proposed acquisition.

Market definition

Please refer to the attached Public Competition Assessment.

Competition analysis

Please refer to the attached Public Competition Assessment.

Statement of issues

Document title Date

Public competition assessment

Document title Date

Timeline

DateEvent
29/10/2012ACCC commenced review under the Merger Review Process Guidelines.
16/11/2012Closing date for submissions from interested parties.
22/11/2012ACCC requested further information from the merger parties. ACCC timeline suspended and the former proposed decision date of 6 December 2012 delayed pending receipt of the information.
20/12/2012ACCC received further information from the merger parties following ACCC's request for information on 22 November 2012. ACCC timeline recommenced.
07/02/2013ACCC published a Statement of Issues outlining preliminary competition concerns.
28/02/2013Closing date for submissions relating to Statement of Issues.
28/02/2013Former proposed decision date of 21 March 2013 delayed at the request of Heinz to allow the merger parties to provide further information.
14/03/2013ACCC received further information from the merger parties. ACCC timeline recommenced. Former proposed decision date of 21 March 2013 postponed to allow the ACCC time to consider the further information.
17/05/2013ACCC timeline suspended at the request of Heinz to allow it to provide further information. Former proposed decision date of 23 May 2013 delayed.
28/05/2013ACCC timeline suspended at the request of Rafferty's Garden to allow it to provide further information. Former proposed decision date of 30 May 2013 delayed.
06/06/2013ACCC announced it would oppose the proposed acquisition.