Company or individual details
NameKirin Holdings (Australia) Pty Ltd
ABN50 126 004 268
NameNational Foods Ltd
ACN65 004 486 631
National Foods proposed the section 87B undertaking (undertaking), in anticipation of ACCC concerns about the impact that the proposed acquisition may have on:
- the acquisition of raw milk in central NSW and SA
- the NSW and SA markets for the wholesale of fresh white milk
- the NSW and SA markets for the wholesale of flavoured milk.
Broadly, the undertaking:
- divests two milk processing facilities (Lidcombe NSW and Clarence Gardens SA)
- grants licences for a range of National Foods’ and Dairy Farmers' white and flavoured milk brands
- transfers/assigns depots and distribution agreements
- agrees to supply raw milk for the first 12 months.
The key difference between the approaches in the two states is that in NSW, the licences for fresh white milk will be transferred to the approved purchaser for a period of two years while in SA the licensing arrangement will be perpetual.
The undertaking adequately addresses competition concerns with the acquisition of raw milk and the supply of fresh white and flavoured milk in NSW and SA. The approved purchaser will be a viable stand-alone competitor able to compete for private label milk contracts and in the provision of branded fresh white and flavoured milks.
A Public Competition Assessment will be issued in relation to the proposed acquisition.
|current position||date||title||variation status|
|24 Jul 2009||Kirin Holdings (Australia) Pty Ltd - variation - s.87B undertaking||variation of 26 May 2009 variation|
|26 May 2009||Kirin Holdings (Australia) Pty Ltd - variation - s.87B undertaking||variation of original|
|❯||24 Jul 2008||Kirin Holdings (Australia) Pty Ltd - s.87B undertaking||original|