Any submissions to or discussions with the ACCC will be treated confidentially. Woolworths Group’s plan to acquire a controlling interest in food and grocery supplier PFD Food Services will be subject to a formal review by competition regulator, the Australian Competition & Consumer Commission (ACCC). Filling diesel containers at service stations. whether the proposed acquisition will increase Woolworths’ position as a wholesale buyer of food and the possible impacts of this. Competition moves – Woolworths and PFD ACCC Chairman, Mr Rod Sims recently provided a major address to the National Press Club in Canberra. We use cookies on our websites. If you consider that particular competitors have particular strengths or attributes (for example, the categories of food they distribute, their geographic reach, their pricing and terms of supply, etc), please describe those. In your response, please state how long contract(s) are typically awarded for, the frequency at which you place orders, the size of the orders you place, and whether or not any discount is offered by the suppliers. It services two broad customer groups: Quick Service Restaurants including major national franchisee brands; and other food service business such as hotels, supermarkets, restaurants/cafes, petrol and convenience, bakeries, airlines and institutions. I have read and agree to the {{terms-and-conditions}} and {{privacy-policy}}. In the case of Woolworths planned purchase of 65% of the total shares in PFD, the ACCC is calling for comment from interested parties by 9th October 2020. How are they different from PFD, and what are their advantages and disadvantages compared to PFD? Please identify your current suppliers of food or groceries. Who are the main competitors to PFD in wholesale food distribution? Woolworths Group Limited ABN 88 000 014 675 1 Woolworths Way, Bella Vista NSW 2153. PFD operates nationally via a network of distribution centres and its own logistics fleet.In response to the short term impact of COVID-19, PFD recently launched an online service called PFD2Home, which allows non-business customers to purchase from it (with a minimum order spend of $200). The ACCC said its investigation is focused on the proposal’s impact on competition, particularly: Coles has opened a new in-store refill station in a Sydney store, which features bottles made from recycled and sugarcane plastic, to help minimise packaging waste. Police warn drivers not paying for fuel can ex... HR HIGHLIGHT UNFAIR DISMISSAL SERIES PART 4: AFTER CONCILIATION, New service station coming to growing suburb, whether and how Woolworths and PFD compete in the supply of food and groceries, whether there are alternative wholesale suppliers of food and groceries with similar geographic reach and product range to that of PFD. Woolworths at Work is an online platform by which business customers can purchase products from Woolworths’ supermarkets. Please discuss the extent to which the proposed acquisition may increase Woolworths’ position as a wholesale buyer of food and the possible impacts of this. To learn more about how we use the cookies, please see our Privacy Policy. Having commenced an informal review under the guidelines, the ACCC will accept submissions on the proposal up until October 9 before deliberating and releasing findings on December 10. Please provide any additional information or comments relevant to the ACCC’s consideration. ACCC to probe Woolworths’ planned takeover of PFD Food Services. Please identify the key alternative suppliers capable of servicing your needs. As part of the review process of major acquisitions the ACCC consults with business and industry who are likely to be impacted by a proposed acquisition. Please describe your contractual arrangements with Woolworths and/or PFD. Coles debuts pack refill station in Sydney store, Amcor raises profits guidance on Covid demand, Packaging to grow by 25% in ten years: Smithers. However, it does not support the ACCC’s specific recommendations that unfair contract terms be prohibited (not just voidable) and that a concept of “unfair trading practices” be introduced and prohibited, including because: Industry analysts Smithers says long-term trends will support future growth in demand for packaging over the next 10 years, yielding a total global market value of US$1.13 trillion in 2030, up from US$860bn this year. Please discuss how Woolworths and PFD operate in their procurement of food from manufacturers and suppliers. In your response, please have regard to factors such as the range of products, scale of supply, the geographic reach, delivery options, number and location of distribution centres etc. ACCC investigates Woolies, PFD deal. Please explain who you consider to be the main competitors in the wholesale supply and distribution of food and groceries. The ACCC is seeking to understand how the industry/market operates and the likely impact on competition if the proposed acquisition proceeds, including: Below is Background Information and Items for Considerations that interested parties may wish to address where relevant to their business (these are a guide and are not mandatory). The platform allows for multiple shoppers from businesses to place orders, have multiple delivery locations and consolidated monthly invoicing. whether the proposed acquisition will increase Woolworths’ position as a wholesale buyer of food and the possible impacts of this. Its operations include supermarkets, liquor and general merchandise stores as well as licensed premises. Please describe how you procure food and groceries – for example, through purchase orders, formal tender or other methods. In your response, please outline how the contractual arrangements are negotiated, whether the arrangement is exclusive, whether any rebates or discounts are provided to the purchaser (and the basis for them), the typical duration of the arrangement, and when your contract with Woolworths and/or PFD is due to expire. As a family owned and operated business which prides itself on its customer and supplier relationships, it is important that PFD operates as a standalone business, run by the existing team. The proposed $552 million deal was announced in August with $302 million for the 65 per cent equity interest and the distribution centres purchased for $249 million and leased back to PFD. Woolworths believes that interactions with all B2C and B2B consumers should be conducted fairly. WoolworthsWoolworths is an ASX listed Australian and New Zealand retailer. Please discuss whether prices to Woolworths and PFD’s manufacturers and suppliers may decrease or required service levels may increase due to the proposed acquisition, for any food or grocery products you supply in Australia. Written submissions should be emailed to mergers@accc.gov.au by 5pm on Friday, 9 October 2020. Please explain whether any of your customers compete with both PFD’s customers and Woolworths’ regular supermarkets or ‘Metro’ stores. In your view, do your suppliers compete more with PFD, Woolworths, or both? The legal test which the ACCC applies is in section 50 of the Competition and Consumer Act 2010, which prohibits acquisitions that are likely to have the effect of substantially lessening competition in a market. Please describe how important distribution centres (and location) are in the way you supply your customers and compete in the market. Please provide a brief description of your business or organisation, including any commercial relationship/s you may have with either of Woolworths or PFD. Woolworths Group to make a strategic investment in PFD Food Services . The grocery giant has proposed acquiring 65 per cent of PFD along with 26 freehold properties which the smaller business uses as distribution centres. Ampol rebranding 1900 petrol stations as it drops Caltex name, Do you really need to use Premium 98 petrol? If you compete with a Woolworths business other than supermarkets, please explain which business you compete with and what segment that business operates in. In the case of Woolworths planned purchase of 65% of the total shares in PFD, the ACCC is calling for comment from interested parties by 9th October 2020. PFDPFD is a privately owned wholesale food distribution business in Australia.PFD supplies and delivers an extensive range of fresh, frozen and dry goods to over 39,000 business customers across Australia. 19 August 2020 . September 27, 2020 Robert Stockdill. The commission will be considering potential detriment to marketplace competition by allowing the businesses to effectively merge and operate together rather than as competitors. PFD Food Services CEO, Kerry Smith, said: “We are pleased to deepen our existing strategic partnership with Woolworths Group for the longer-term via their investment in our business. Woolworths AGW’s customers include Caltex as well as charitable organisations and two ready meal/meal kit businesses in which Woolworths has a financial interest. The ACCC is currently considering the Woolworths Group Limited’s $522 million plan to secure a controlling interest (65 per cent) in PFD Food Services. 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If you also supply to these other distributors, outline the nature of your supply arrangements with them and how it differs from your arrangements with PFD. Woolworths Group’s plan to acquire a controlling interest in food and grocery supplier PFD Food Services will be subject to a formal review by competition regulator, the Australian Competition & Consumer Commission (ACCC). whether and how Woolworths and PFD compete in the supply of food and groceries; whether there are alternative wholesale suppliers of food and groceries with similar geographic reach and product range to that of PFD; and.

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