Acquirer(s)

  • Saputo Dairy Australia Pty Limited

Target(s)

  • Lion-Dairy & Drinks Pty Ltd

Summary

Saputo Dairy Australia Pty Limited (Saputo) proposes to acquire Lion-Dairy & Drinks Pty Ltd (Lion D&D).

Lion D&D and Saputo both operate dairy processing plants and purchase raw milk from dairy farmers, as well as supplying dairy products to retailers.

Timeline

Date Event

ACCC commenced informal review under the Informal Merger Review Process Guidelines.

Closing date for submissions.

ACCC discontinued its public review after Saputo informed of its intention to withdraw its proposed acquisition of Lion Dairy & Drinks.