Holcim (Australia) Pty Ltd - proposed acquisition of Blackhead Concrete Services

Acquirer(s)

  • Holcim (Australia) Pty Ltd

Target(s)

  • Blackhead Concrete Services

Summary

Holcim proposes to acquire Blackhead Concrete Services - the pre-mixed concrete business in Taree South NSW.

Market definition

The ACCC considered the proposed merger within the context of a regional market surrounding Taree for the supply of pre-mix concrete.

Competition analysis

The ACCC considered that the proposed acquisition was unlikely to result in a substantial lessening of competition in the relevant market. Key factors informing this conclusion included:
-there would remain a number of other pre-mix concrete suppliers post-acquisition, both within Taree and located to the south and north; and
-there were relatively low barriers to new entry or expansion in the supply of pre-mix concrete within the Taree region.

Timeline

DateEvent
09/12/2010ACCC commenced review under the Merger Review Process Guidelines.
16/12/2010Closing date for submissions from interested parties.
23/12/2010ACCC announced it would not oppose the proposed acquisition.