New Forests Asset Management managed forestry investment fund' proposed acquisition of RMS' hardwood plantations in Tasmania

Acquirer(s)

  • New Forests Asset Management

Target(s)

  • hardwood plantation assets of Resource Management Service LLC

Summary

A forestry investment fund managed by New Forests Asset Management proposes to acquire the hardwood plantation assets of Resource Management Service LLC.

Market inquiries

Submissions are invited from interested parties regarding the proposed acquisition of the hardwood assets of Resource Management Service (RMS) by a forestry investment fund managed by New Forests Asset Management.

The closing date for submissions is Monday, 5 August 2019. Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title "Submission re: Proposed acquisition of the hardwood assets of RMS by New Forests Asset Management managed forestry investment fund - attention Serena Wong/Amelia Richardson-Dear".

Following the closing date, queries regarding the ACCC's review may be addressed to Serena Wong or Amelia Richardson-Dear at mergers@accc.gov.au. For more details, please read the attached market inquiries letter.

Market inquiries

Document title Date

Timeline

DateEvent
19/07/2019ACCC commenced informal review under the Informal Merger Review Process Guidelines.
05/08/2019Closing date for submissions.
26/09/2019Provisional date for announcement of ACCC’s findings (as outlined in the Informal Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues).

Project staff

  • Serena Wong
  • Amelia Richardson-Dear