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
Document title | Date | |
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Statement of Issues | ||
Statement of Issues |
Public competition assessment
Document title | Date | |
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Public Competition Assessment | ||
Public Competition Assessment |
Undertakings
Document title | Date | |
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Iron Mountain Incorporated - section 87B Undertaking - signed 30 March 2016 |
Timeline
Date | Event |
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ACCC commenced review under the Merger Process Guidelines. |
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ACCC requested further information from the merger parties. |
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Closing date for submissions from interested parties. |
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ACCC received further information from the merger parties. |
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ACCC published a Statement of Issues outlining preliminary competition concerns. |
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ACCC requested further information from the merger parties. |
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Closing date for submissions relating to Statement of Issues. |
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Former proposed decision date of 15 December 2015 delayed at the request of the merger parties. |
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ACCC received further information from the merger parties. |
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ACCC commenced market consultation on proposed s87B undertaking. ACCC timeline recommenced. |
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Closing date for submissions relating to the draft proposed divestment undertaking. |
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ACCC announced it would not oppose the proposed acquisition, subject to the s87B undertaking accepted by the ACCC. |