CSR Limited and Boral Limited - proposed clay brick joint venture

Type of assessment

Informal Review

Reference

54285

Acquirer(s)

CSR Ltd

Target(s)

Boral Ltd

Industry

Construction materials

Summary

CSR Limited and Boral Limited proposed to form a joint venture to combine their brick operations located on the east coast of Australia including operations in New South Wales, Victoria, Queensland, South Australia, Tasmania and the ACT.

Outcome of assessment

Not opposed

Total review days *

83

Commenced public review

9^th April 2014

Date completed

18^th December 2014

Market definition

Please see attached the Public Compestition Assessment.

Competition analysis

Please see attached the Public Compestition Assessment.

Public competition assessment

Public Competition Assessment - 6 August 2015
6^th August 2015
MER15+2392.docx (71.9 KB)
Public Competition Assessment - 6 August 2015
6^th August 2015
MER15+8065.pdf (212.4 KB)

Statement of issues

Statement of Issues - Word Version
16^th October 2014
MER14+10854.docx (117.1 KB)
Statement of Issues - PDF Version
16^th October 2014
MER14+10855.pdf (252.4 KB)

Review timeline

Date	Event
9^th April 2014	ACCC commenced review under the Merger Review Process Guidelines.
29^th April 2014	ACCC requested further information from the joint venture parties.
1^st May 2014	Closing date for submissions for interested parties.
16^th May 2014	ACCC requested further information from the joint venture parties. Former proposed decision date of 26 June 2014 delayed to accommodate provision of requested information from the joint venture parties.
26^th May 2014	ACCC received the joint venture parties' response to its information request of 29 April 2014.
2^nd June 2014	Review suspended at the request of the joint venture parties. The joint venture parties have requested more time to provide additional information to the ACCC (including information requested by the ACCC on 16 May 2014).
12^th September 2014	ACCC received additional information from the joint venture parties.
16^th October 2014	ACCC published a Statement of Issues outlining preliminary competition concerns.
6^th November 2014	Closing date for submissions relating to Statement of Issues.
18^th December 2014	ACCC announced it would not oppose the proposed joint venture.

* Total Review days = Total business days less public holidays and time during which the review was suspended.

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CSR Limited and Boral Limited - proposed clay brick joint venture