Landmark - proposed acquisition of Ruralco

Acquirer(s)

  • Landmark

Target(s)

  • Ruralco

Summary

Nutrien (through its Australian business Landmark) proposes to acquire Ruralco. 

Landmark and Ruralco both provide a range of products and services to the agriculture industry across Australia.

 

Market definition

Please refer to the Public Competition Assessment.

Competition analysis

Please refer to the Public Competition Assessment.

Statement of issues

Document title Date

Public competition assessment

Document title Date

Timeline

DateEvent
22/03/2019ACCC commenced informal review under the Informal Merger Review Process Guidelines.
05/04/2019Closing date for submissions from interested parties.
13/06/2019ACCC published a Statement of Issues outlining preliminary competition concerns.
27/06/2019Closing date for submissions from interested parties in response to the Statement of Issues.
29/07/2019ACCC commenced market consultation on proposed s87B undertaking.
05/08/2019Closing date for submission relating to the draft proposed divestment undertaking.
07/08/2019Former provisional date for announcement of decision (15th August) is delayed to allow the ACCC further time to consider feedback received and the proposed s87B undertaking.
22/08/2019The ACCC announced it would not oppose the proposed acquisition, subject to a section 87B undertaking accepted by the ACCC.