Posted on March 01, 2018
ACCC review of Saputo's proposal to acquire Murray Goulburn
The Australian Competition and Consumer Commission (ACCC) has released a Statement of Issues on the proposed acquisition of Murray Goulburn Co-operative Co.’s operating assets by Saputo Dairy Australia.
Please find attached the ACCC’s media release and Statement of Issues.
The ACCC’s preliminary view is that Saputo’s ownership of both its current Allansford plant and Murray Goulburn’s Koroit plant will substantially lessen competition for the acquisition of raw milk from dairy farmers in the south-west Victorian/south-east South Australia region.