Acquirer(s)
- Neverfail Springwater
Target(s)
- Palm Springs Ltd
Summary
Market definition
The relevant markets are regional markets in Queensland, New South Wales, ACT and Victoria for the supply of bottled and filtered water.Competition analysis
The acquisition is unlikely to result in a substantial lessening of competition in any regional markets for the supply of bottled and filtered water. In particular, barriers to entry appear to be relatively low and a number of competitors supplying either bottled water or water filtration units will remain.Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced |
|
Closing date for submissions from interested parties |
|
ACCC announced that it would not oppose the proposed acquisition |