Toll Holdings Limited - completed acquisition of Victorian Express Pty Ltd

Acquirer(s)

  • Toll Holdings Limited

Target(s)

  • Victorian Express Pty Ltd

Summary

In July 2007, Toll Holdings Limited acquired Victorian Express Pty Ltd which provided intrastate express freight services within Victoria.

Market definition

For the purposes of assessing this acquisition, the ACCC considered the market for the supply of express freight services in Victoria.

Competition analysis

The ACCC considered that the acquisition was unlikely to substantially lessen competition in the relevant market. The ACCC considered that Toll will continue to face competitive constraints from a number of alternative suppliers of express freight services and the threat of new entry or expansion.

Timeline

DateEvent
01/07/2007Toll Holdings Limited acquired Victorian Express Pty Ltd.
23/03/2009ACCC commenced review under the Merger Review Process Guidelines.
03/04/2009Closing date for submissions from interested parties.
07/04/2009ACCC announced it would not oppose the acquisition.