Acquirer(s)
- Holcim (Australia) Pty Ltd
Target(s)
- Blackhead Concrete Services
Summary
Holcim proposes to acquire Blackhead Concrete Services - the pre-mixed concrete business in Taree South NSW.Market definition
The ACCC considered the proposed merger within the context of a regional market surrounding Taree for the supply of pre-mix concrete.Competition analysis
The ACCC considered that the proposed acquisition was unlikely to result in a substantial lessening of competition in the relevant market. Key factors informing this conclusion included:-there would remain a number of other pre-mix concrete suppliers post-acquisition, both within Taree and located to the south and north; and
-there were relatively low barriers to new entry or expansion in the supply of pre-mix concrete within the Taree region.
Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC announced it would not oppose the proposed acquisition. |