- Blackhead Concrete Services
SummaryHolcim proposes to acquire Blackhead Concrete Services - the pre-mixed concrete business in Taree South NSW.
Market definitionThe ACCC considered the proposed merger within the context of a regional market surrounding Taree for the supply of pre-mix concrete.
Competition analysisThe 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.
|09/12/2010||ACCC commenced review under the Merger Review Process Guidelines.|
|16/12/2010||Closing date for submissions from interested parties.|
|23/12/2010||ACCC announced it would not oppose the proposed acquisition.|