Pacific National Pty Ltd / Linfox - proposed acquisitions of Intermodal assets from Aurizon
Type of assessment
Pacific National Pty Ltd / Linfox
Intermodal assets from Aurizon
On 14 August 2017, Aurizon Holdings Limited (Aurizon) announced its intention to exit its intermodal business. Aurizon's proposed exit involves:
- the proposed sale of Aurizon's Acacia Ridge Intermodal Terminal to Pacific National Pty Ltd (Pacific National) (Acacia Ridge Acquisition)
- the proposed sale of Aurizon's Queensland Intermodal Business to Pacific National, following which the pick-up and delivery side of that business will be transferred to Linfox (Queensland Intermodal Acquisition)
- the closure of the remainder of Aurizon's intermodal business - being its interstate intermodal business.
The ACCC is investigating the Acacia Ridge Acquisition and the Queensland Intermodal Acquisition. This investigation will take into account the closure of Aurizon's interstate intermodal business.
The ACCC has published a Statement of Issues outlining preliminary competition concerns in relation to the proposed acquisitions, and a draft proposed s 87B undertaking offered by Pacific National in relation to the Acacia Ridge Terminal.
The ACCC invites submissions on its Statement of Issues and the proposed s 87B undertaking by 3 April 2018. Submissions may be e-mailed to firstname.lastname@example.org.
Alternatively submissions may be mailed to the Merger Investigations Branch, ACCC, GPO Box 3131, Canberra ACT 2601.
For more details, please refer to the Statement of Issues below.
Following 3 April 2018, queries regarding the ACCC's review may be addressed to Bruce Mikkelsen / Joe Saunders at email@example.com.