Woolworths Group Limited - PFD Food Services Pty Limited

Acquirer(s)

  • Woolworths Group Limited

Target(s)

  • PFD Food Services Pty Limited

Summary

Woolworths Group Limited (Woolworths) proposes to acquire a 65% shareholding in PFD Food Services Pty Limited (PFD) and 26 freehold properties used as distribution centres by the PFD business.

Both Woolworths and PFD are suppliers and buyers of food and grocery products in Australia.

Through its Woolworths supermarkets, Woolworths is one of the largest food and grocery retailers in Australia. It provides the sale of grocery products to retail consumers both in-store and online. It also supplies food and groceries to businesses via its Australian Grocery Wholesalers business and the Woolworths at Work platform. 

PFD is a privately owned wholesale food distribution business in Australia. It supplies and delivers an extensive range of fresh, frozen and dry goods to business customers across Australia. It services two broad customer groups: Quick Service Restaurants including major national franchisee brands; and other food service business such as hotels, supermarkets, restaurants/cafes, petrol and convenience, bakeries, airlines and institutions. 

Market inquiries

Submissions are invited from interested parties regarding the proposed acquisition.

The closing date for submission is Friday, 9 October 2020. Submissions should be forwarded electronically to mergers@accc.gov.au with the title "Submission re: Woolworths/PFD - attention Janet Li/Nigel Vise".

Following the closing date, queries regarding the ACCC's review may be addressed to Janet Li and Nigel Vise at mergers@accc.gov.au. For more retails, please refer to the attached market inquiries letter.

Market inquiries

Timeline

DateEvent
23/09/2020ACCC commenced informal review under the Informal Merger Review Process Guidelines.
09/10/2020Closing date for submissions.
10/12/2020Provisional date for announcement of ACCC’s findings (as outlined in the Informal Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues).

Project staff

  • Nigel Vise
  • Janet Li

Contact email