Saputo Dairy Australia Pty Limited - Lion-Dairy & Drinks Pty Ltd

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

DateEvent
20/10/2020ACCC commenced informal review under the Informal Merger Review Process Guidelines.
05/11/2020Closing date for submissions.
20/11/2020ACCC discontinued its public review after Saputo informed of its intention to withdraw its proposed acquisition of Lion Dairy & Drinks.