Skip to content

  • Home
  • COVID-19 Guide
  • COVID-19 AV library
  • Client results
  • Expertise
  • News & Insights
  • People
  • Our DNA
  • Inclusion and Diversity
  • Join us
  • Contact Us
Home / Client results / Blue Ribbon Seed & Pulse Exporters Pty Ltd

Client results

Blue Ribbon Seed & Pulse Exporters Pty Ltd
Acquisition of Blue Ribbon Rice by SunRice

McCullough Robertson advised on the acquisition of Blue Ribbon Rice (Blue Ribbon) by SunRice, acting in the Australian Competition and Consumer Commission (ACCC) merger review on behalf of the seller.

Blue Ribbon is a family owned organisation, established in 2000 to service global demand for pulses, dahls and tropical grass seed. The business had steadily extended its involvement in other agricultural markets, including starting to grow rice in North Queensland, while developing a strong position in the international pulse and grass seed trade.

We were able to achieve a successful outcome for Blue Ribbon, with the ACCC accepting the ‘failing firm’ defence.

Under the ‘failing firm’ defence, the argument is made that although the transaction might seem to reduce competition, the fact that the target company is unprofitable and about to exit the market anyway means that, in fact, there is no reduction in competition.

As this argument is rarely successful, this matter is considered significant in the context of ACCC decisions.

To find out more, contact Paul McLachlan.

Related services and sectors

Competition
Disputes
Food & agribusiness

Project team

  • Paul McLachlan, Strategic Adviser

More client results

Chimeric Therapeutics

Chimeric Therapeutics $35 million IPO

NQ Minerals PLC

NQ Minerals PLC closes US$55m Hellyer Mine Debt Facility with ING Bank

OneVue

Iress’ successful OneVue acquisition demonstrates M&A’s digital focus – and workflow.

Over the Wire Holdings

Over the Wire Holdings to acquire Digital Sense Hosting for $27 million, and undertakes $20 million capital raising

BGM

Court win for Shopping Centre Proposal

Room2Move

Court grants extension application for workers accommodation

Cludo Pty Ltd

Cludo Pty Ltd acquisition by VISEO SAS

Over the Wire Holdings

Over the Wire acquires J2 Global's Cloud Connect Pty Ltd (Aus) and Zintel Communications Limited (NZ) businesses

Prescient Therapeutics Limited

Prescient Therapeutics Limited Share Purchase Plan

Falcon Oil & Gas

Beetaloo Sub-basin joint venture farm down

Macadamia Processing Co Ltd

Purchase of Australian macadamia processor

Vald Performance Pty Ltd

Acquisition of ForceDecks

Rural Funds Group

Cobungra Station acquisition

First Coorparoo JV

Coorparoo Square

Over the Wire Holdings

Double acquisition and capital raising of Access Digital Networks and Comlinx.

Queensland Treasury Corporation

Wild Dog Exclusion Fencing Information Pack

River City Labs Group

Sale to ACS

City of Gold Coast

Boral Quarry Appeal

Bounty Mining Limited

IPO

Whitehaven Coal Limited

Acquisition of 100% interest in the Winchester South Coal Project

Lockyer Valley Regional Council

Dismissal of appeal

Queensland Government

Funding Agreement - New Autonomous Systems Program in Australia

AAM Investment Group

Acquisition from Santrev

Eco World International

Acquisition of residential site in Macquarie Park

Hunter Development Corporation

Sale of land to University of Newcastle

Cobbora Holding Company

Sale of land in Hunter Valley

Viralytics Limited

Sale of Australian oncology firm to MSD

Bounty Mining Limited

Acquisition of the Cook Colliery coal mine by Bounty Mining

RACQ

Warranty repairs program

Telstra Corporation Ltd

Automated home solution

VIEW ALL CLIENT RESULTS

BRISBANE

Level 11, 66 Eagle Street
Brisbane QLD 4000
GPO Box 1855
Brisbane QLD 4001
Tel +61 7 3233 8888
Fax +61 7 3229 9949

 

GET IN TOUCH

Contact form

We handle your personal information in accordance with our privacy policy.

sydney

Level 32, MLC Centre
19 Martin Place
Sydney NSW 2000
GPO Box 462
Sydney NSW 2001

Tel +61 2 8241 5600
Fax +61 2 8241 5699

 

GET IN TOUCH

Contact form


We handle your personal information in accordance with our privacy policy.

melbourne

Level 27, 101 Collins Street
Melbourne VIC 3000
GPO Box 2924
Melbourne VIC 3001

Tel +61 3 9067 3100
Fax +61 3 9067 3199

 

GET IN TOUCH

Contact form

We handle your personal information in accordance with our privacy policy.

follow us

CLIENT LOGIN

newcastle

Level 2, 16 Telford Street
Newcastle NSW 2300
PO Box 394
Newcastle NSW 2300

Tel +61 2 4914 6900
Fax +61 2 4914 6999

 

GET IN TOUCH

Contact form


We handle your personal information in accordance with our privacy policy.

canberra

Level 9, 2 Phillip Law Street
Canberra ACT 2601

Tel +61 2 6243 3699
Fax +61 2 8241 5699

 

GET IN TOUCH

Contact form


We handle your personal information in accordance with our privacy policy.

© 2017 McCullough Robertson. Site map Disclaimer Privacy Policy Credit Reporting Policy

X