Acquirer(s)
- Viva Energy Retail Pty Ltd
Target(s)
- OTR 330 Pty Ltd; OTR 328 Pty Ltd; Reliable Petroleum Pty Ltd; Peregrine Energy Pty Ltd and DF Wholesalers Pty Ltd (together, the OTR Group)
Summary
Viva Energy Retail Pty Ltd (Viva Energy) proposes to acquire the entities which constitute the On the Run business (OTR Group).
Viva Energy (with its related bodies corporate) is a fuel refiner, importer, wholesaler, distributor and retailer, operating a nationwide fuel supply chain with retail sites in each Australian state and territory, including Coles Express convenience sites. Viva Energy is the exclusive supplier of Shell-branded fuels and lubricants in Australia.
The OTR Group is a fuel and convenience retailer operating predominantly in South Australia with some locations in other states and territories across Australia, including the Northern Territory under the Puma brand. The OTR Group also supplies wholesale fuels and distribution services to small commercial customers and independent retail fuel sites through the Reliable Petroleum, Mogas Regional and Ausfuel businesses.
The proposed acquisition will combine the entities’ retail fuel, wholesale fuel and retail convenience and grocery offerings.
Market inquiries
Submissions are invited from interested parties regarding Viva Energy’s proposed acquisition of the OTR Group by 20 July 2023.
Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title: "Submission re: Viva Energy/OTR Group - attention Lynette Lymbers".
For more details, please refer to the Market Inquiries Letter published below.
Following 20 July 2023, queries regarding the ACCC’s review may also be addressed to Simon Pomery and Lynette Lymbers at mergers@accc.gov.au
For more details, please refer to the Market Inquiries letter published below.
Market inquiries
Document title | Date | |
---|---|---|
Viva Energy - OTR Group - Market inquiries letter |
Timeline
Date | Event |
---|---|
ACCC commenced informal review under the Informal Merger Review Process Guidelines. |
|
Closing date for submissions. |
|
Timeline suspended pending receipt of information from the parties. Former provisional date for announcement of ACCC's findings (21 September 2023) is delayed. The ACCC will announce a proposed decision date in due course. |
Project staff
- Simon Pomery
- Lynette Lymbers