commercial transaction support

Covec provides two distinct sets of services in the context of commercial transactions. Drawing on our understanding of markets and business, we build demand forecasts and financial models to analyse the commercial value of proposals. Once a transaction has been formulated, we can then analyse its implications for competition and liaise with competition authorities during their deliberations.

Examples of Our Work:

Competitive effects of a vertical merger

Australian Competition and Consumer Commission

Expert testimony on the competitive impact of a proposed vertical merger in the Victorian electricity industry, before the Federal Court in Melbourne.

Forecasts of fuel consumption in New Zealand

UBS New Zealand

Covec produced forecasts of fuel consumption in New Zealand as part of the Shell New Zealand sale process. Annual forecasts to 2030 were generated for the retail, commercial, aviation and marine sectors, and for various sub-markets within each of these sectors.

Merger analysis in the carpet industry

Minter Ellison Rudd Watts

Review of the competition implications of a proposed merger in the carpet manufacturing sector.

Merger analysis in the oil industry

Minter Ellison Rudd Watts

Analysis of whether the sale of Mobil's general aviation refueling business to a competitor would substantially lessen competition.

Merger analysis in the waste industry

Chapman Tripp

Detailed empirical modelling of the cost and demand for different forms of waste collection in cities of varying sizes, including modelling economies of route density.

Passenger forecasts for Cairns & Mackay airports

Covec was commissioned by a consortium of investment banks to generate annual passenger forecasts to 2030 to support the purchases of Cairns & Mackay Airports in Northern Queensland. The forecasts were the main drivers of the valuation models used by the banks. Our consortium was successful in purchasing the two airports.

Projections of trade volumes

Projection of trade volumes through a port as input to projection of future revenues for refinancing and a capital injection for a port upgrade.