InvoCare Limited - acquisition of Chipper Pty Ltd

Acquirer(s)

  • InvoCare Limited

Target(s)

  • Chipper Pty Ltd

Summary

InvoCare Limited's acquisition of Chipper Pty Ltd

Market definition

The ACCC considered the acquisition in the context of the supply of funeral direction services in the Perth region.

Competition analysis

On 8 April 2008, the ACCC formed the view that the acquisition would be unlikely to result in a substantial lessening of competition in funeral direction services in Perth because:
- the acquisition hadn't significantly altered the market dynamic;
- there remained a number of alternative suppliers in the industry, including Bowra O'Dea, Prosser Scott and Seasons, which would provide a competitive constraint on the entity; and
- no vertical issues arose since all of the cremation and cemetery facilities in WA were owned by the State.

Timeline

DateEvent
14/02/2008InvoCare Limited acquired the business assets of Chipper Pty Ltd.
18/03/2008ACCC commences review under the Merger Review Process Guidelines.
01/04/2008Closing date for submissions from interested parties.
08/04/2008ACCC announced it would not oppose the acquisition.