Approved · Waiver · decided in 24 days, 27 Aug 2026
UnclassifiedWA-80037ACCC register
AVC Operations Pty Ltd, a subsidiary of Australian Venue Co. Holdings Limited, acquired substantially all assets of three Victorian licensed hospitality businesses: Riverland Bar, The Boatbuilders Yard, and General Assembly. The asset sale involves venues previously owned by entities associated with the Riverland Group, expanding AVC's extensive pub and bar portfolio.
AVC Operations Pty Ltd ( AVC ) proposes to acquire substantially all of the assets (including the exclusive right to carry on the businesses in succession of the vendors and the benefit of the leases) of three licensed hospitality businesses in Victoria pursuant to one sale agreement ( Sale Agreement ) of the three businesses trading as “The Boatbuilders Yard” ( Boatbuilders Yard ), “General Assembly” ( General Assembly ) and “Riverland Bar” ( Riverland ), with certain assets excluded from the sale (the Acquisition ). AVC is a subsidiary of Australian Venue Co. Holdings Limited which operates over 200 licensed venues throughout Australia and New Zealand, primarily pubs, as well as some bars, clubs and licensed restaurants. AVC's venues are individually branded and are mostly located in inner-city and metropolitan areas, offering a range of products and services including food, alcoholic and non-alcoholic beverages, function rooms, live entertainment and gaming facilities. The three abovementioned businesses (the Businesses ) are standalone sites and provide different offerings, including: Boatbuilders Yard is a pub located at 23 South Wharf Promenade, South Wharf, VIC 3006 General Assembly is a pub located at 29 South Wharf Promenade, South Wharf VIC 3006 Riverland is a pub located at Federation Wharf Vaults 1-9, Melbourne VIC 3000. The Businesses are currently owned and operated by entities associated with the Riverland Group, a retail hospitality group.