Transpacific Industries Group Ltd - acquisition of M&C Petrow Waste

Acquirer(s)

  • Transpacific Industries Group Ltd

Target(s)

  • M&C Petrow Waste

Summary

Transpacific acquired the business trading as M&C Petrow Waste from Michael and Carol Petrow.

Market definition

Solid waste collection service in the Sydney region.

Competition analysis

On 7 November 2007, the ACCC announced its decision not to oppose the acquisition by Transpacific of the business trading as M&C Petrow Waste from Michael and Carol Petrow.

The ACCC considered the information provided by Transpacific and other information available to it. Based on that information, the ACCC considered that the acquisition of the business trading as M&C Petrow was unlikely to remove a significant source of competitive constraint in the relevant market. A key factor in reaching this view was the fact that (in relation to the relevant market) there are a number of alternative competitive providers which will remain available to customers.

Timeline

DateEvent
29/06/2007Transpacific acquired the business trading as M&C Petrow Waste from Michael and Carol Petrow.
22/10/2007ACCC commenced review under Merger Review Process Guidelines. Market inquiries commenced.
06/11/2007Closing date for submissions from interested parties.
07/11/2007ACCC announced it would not oppose the proposed acquisition.