Acquirer(s)

  • Iron Mountain Incorporated

Target(s)

  • Recall Holdings Limited

Summary

Iron Mountain Incorporated proposed to acquire Recall Holdings Limited. Both parties provide services relating to the storage, protection, retrieval and disposal of paper and digital records.

Market definition

Please refer to the Public Competition Assessment.

Competition analysis

Please refer to the Public Competition Assessment.

Statement of issues

Public competition assessment

Timeline

Date Event

ACCC commenced review under the Merger Process Guidelines.

ACCC requested further information from the merger parties.

Closing date for submissions from interested parties.

ACCC received further information from the merger parties.

ACCC published a Statement of Issues outlining preliminary competition concerns.

ACCC requested further information from the merger parties.

Closing date for submissions relating to Statement of Issues.

Former proposed decision date of 15 December 2015 delayed at the request of the merger parties.

ACCC received further information from the merger parties.

ACCC commenced market consultation on proposed s87B undertaking. ACCC timeline recommenced.

Closing date for submissions relating to the draft proposed divestment undertaking.

ACCC announced it would not oppose the proposed acquisition, subject to the s87B undertaking accepted by the ACCC.