Toll Transport Pty Ltd - proposed acquisition of the NSW regional road and warehousing businesses conducted by Patrick Container Ports Pty Ltd

Acquirer(s)

  • Toll Transport Pty Ltd

Target(s)

  • Patrick Container Ports Pty Ltd NSW regional road + warehouse business

Summary

Toll Transport Pty Ltd proposes to acquire the NSW regional road and warehousing businesses conducted by Patrick Container Ports Pty Ltd.

Market definition

The markets for dedicated dangerous goods warehousing in regional NSW, including the Dubbo, Moree and Wagga Wagga regions.

Competition analysis

Toll is active in dangerous goods logistics through Toll Chemical Logistics which distributes dangerous goods throughout Australia with warehouses in Sydney, Melbourne, Brisbane, Adeliade and Perth.

The businesses to be acquired are in regional NSW.

Toll does not currently have any dangerous goods warehouses in regional NSW, as a result the ACCC does not consider a substantial lessening of competition is likely.

Timeline

DateEvent
15/12/2010ACCC commenced review under the Merger Review Process Guidelines.
14/01/2011Closing date for submissions from interested parties.
27/01/2011Timeline suspended pending further information from Asciano.
01/02/2011ACCC received further information from Asciano. ACCC timeline recommenced.
10/02/2011ACCC announced it would not oppose the proposed acquisition.