AMPOL RETAIL HOLDING PTY LTD

ABN 11 689 777 704 · 2 acquisitions

As Acquirer(1)

Approved with conditionsAssessment completedNotificationCase number MN-01019

Ampol – EG Australia

Pursuant to the terms of a Share Purchase Agreement, the retail sites operated by EG Australia will become Ampol owned and operated retail sites, subject to proposed divestitures. Ampol Retail Holding Pty Ltd is a wholly-owned subsidiary of Ampol Limited (Ampol), which is listed on the ASX (ASX: ALD). Ampol is a transport energy provider which purchases, refines, imports and distributes petroleum products in Australia and is rolling out electric vehicle (EV) public charging networks. Ampol also has operations and interests across Singapore, New Zealand, Philippines and the US. In Australia, Ampol also has a network of fuel and retail convenience sites. EG Australia is a convenience retailer of fuel, food to go and convenience products which commenced operations in Australia in April 2019 when it acquired the Woolworths retail fuel and convenience sites. Globally, the EG Group operates fuel, convenience and food-to-go retail offers in Europe and the US. Ampol and EG Australia overlap in the supply of fuel and convenience products in all Australian states and territories at a retail level: Ampol owns and operates 584 retail fuel sites under the “Ampol” brand and 39 unstaffed sites under the “U-GO” brand. U-GO sites sell fuel only with no convenience offering. Ampol sets the retail fuel prices for these sites. EG Australia owns and operates approximately 512 “EG” branded sites. Ampol supplies fuel to EG Australia under a wholesale fuel supply agreement, meaning EG Australia’s sites supply “Ampol” fuel.

As Target(1)

ApprovedAssessment completedWaiverCase number WA-60020

1d ago

Metro Petroleum – Retail sites part of divestiture remedy from Ampol-EG acquisition

Dib Group Pty Limited (Dib Group) proposes to acquire 41 retail fuel sites from Ampol Retail Holding Pty Ltd , a wholly owned subsidiary of Ampol Limited (Ampol), as part of Ampol’s proposed remedy offered to the ACCC in relation to its acquisition of all of the issued shares in each of EG Group Australia Pty Ltd and EG AsiaPac Holdings Pty Ltd (Ampol EG Acquisition). The acquirer, Dib Group, is an independent fuel retailer which operates a network of over 300 retail fuel and convenience sites across New South Wales, Victoria, Queensland and Western Australia, under the Metro Petroleum (Metro) brand. Metro is also involved in wholesale petroleum supply, fuel logistics and distribution, and related petroleum industry activities. The vendor, Ampol, is a vertically integrated fuel company with upstream fuel production and importing assets, wholesale supply and distribution facilities and a network of retail fuel and convenience sites across Australia. Ampol owns the Lytton refinery in Brisbane, Queensland, where it refines imported crude oil, and a number of terminals nationwide through which it imports finished petrol products from overseas refineries and trading houses. Ampol operates retail sites under both the Ampol brand and the U-GO brand. Ampol branded sites are full-service sites with fuel and convenience offerings. Launched in 2023, the U-GO branded sites are low cost, unstaffed self-service sites selling only fuel and with no convenience offering. Ampol owns and operates 576 sites under the Ampol brand, and 46 under the U-GO brand. Metro and Ampol are both active in the retail and wholesale supply of fuel, and the retail supply of convenience products in Australia.