date:Feb 16, 2013
The Australian Competition and Consumer Commission (ACCC) has raised concern over Heinzs proposed acquisition of fellow wet and dry infant food company, Raffertys Garden.
The Australian baby food sector is currently dominated by Heinz at 39 per cent volume of the market. Raffertys Garden makes up 16 per cent of the Australian baby food market, taking Heinzs potential share to 55 per cent if the acquisition is approved.
ACCC Chairman Rod Sims said that combining two large Australian baby food b