Weekly ACCC Deal Digest (11 March 2026)
Merger Loop
March 11, 2026
This week’s update includes 14 new filings and approvals, with the ACCC reviewing deals across insurance, automotive retail, repair services, coal mining, engineering, healthcare, software and agriculture.
Key transactions include Insurance Australia Group’s planned acquisition of RAC Insurance and Peter Warren Automotive’s move to acquire Wakeling Automotive Group’s NSW dealership network.
Editor’s Note: ACCC has begun updating the register on approval rather than notification for some waivers. A large number of the recently approved deals were only posted on/after approval.
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❇️ New Deals
Insurance Australia Group – RAC Insurance
Insurance Australia Group proposes to acquire 100% of the issued share capital in RAC Insurance from RACI Pty Ltd, a subsidiary of the Royal Automobile Club of Western Australia Inc. This transaction involves two key players in the Australian personal lines general insurance market, including home and motor insurance products.
Argo Bowen 2 – Bowen Coking Coal and certain subsidiaries
Coal Mining
Argo Bowen 2 Pty Ltd, a vehicle of Mercuria Energy Group Limited and Talisman Partners Pty Ltd, proposes a 100% share acquisition of Bowen Coking Coal Limited and certain subsidiaries. The target, under voluntary administration, is a metallurgical and thermal coal miner with Bowen Basin assets like the Burton Mining Complex.
CARe – MotorOne Autobody
Automotive Electrical Services | Automotive Body, Paint and Interior Repair | Other Automotive Repair and Maintenance
CARe Autobody Pty Ltd proposes to acquire 100% of the issued share capital in MotorOne Autobody Pty Ltd. This share sale combines two Australian motor vehicle collision repair service providers. CARe operates 18 sites and MotorOne Autobody operates 20 sites nationally, serving insurers and vehicle owners.
Peter Warren - Wakeling Automotive
Car Retailing | Motor Vehicle Parts Retailing | Non-Depository Financing | General Insurance | Other Automotive Repair and Maintenance
Peter Warren Automotive Holdings proposes to acquire Wakeling Automotive Group, involving 30 new and used car dealerships in New South Wales. The transaction is a mix of share acquisitions (Paul Wakeling Motor Group, Wollongong City Motors) and an asset acquisition (Moss Vale Motor Group), expanding its automotive retailing footprint.
Still trying to wrap your head around the ACCC’s new merger laws?
We’ve got an overview of the new regime here and guides from leading law firms explaining it all.
✅ Recently Approved
Parker-Hannifin – Filtration Group
Petroleum Refining and Fuel Manufacturing | Industrial Gas Manufacturing | Pump and Compressor Manufacturing | Fixed Space Heating, Cooling and Ventilation Equipment Manufacturing
Parker-Hannifin Corporation, a global engineering company, proposes to acquire 100% of the share capital in Filtration Group Corporation, a global filtration and separation technology company. Both parties supply filtration products for industrial applications in Australia.
Vets Central – West Toowoomba Veterinary Surgery in QLD
Veterinary Services
Vets Central Holdings Pty Ltd acquired 100% of the business assets of West Toowoomba Veterinary Surgery from Cicuration Pty Ltd. This transaction sees Vets Central, an Australian veterinary group with 80 practices, expand its veterinary services offering by acquiring a single full-service practice in Toowoomba, Queensland.
National Dental Care – DDTA Dental clinic in Launceston, TAS
Dental Services
National Dental Care, through NDC Australia Pty Limited, is acquiring 100% of the business assets of the DDTA Dental clinic from Tan Dental Pty Ltd. This asset sale marks National Dental Care's expansion into Tasmania, adding a Launceston clinic to its national dental services network.
BSN Sports – Sports Endeavors
Sport and Camping Equipment Retailing | Clothing Retailing | Footwear Retailing
BSN Sports, a subsidiary of Varsity Brands and indirectly backed by KKR & Co. Inc., acquired 100% of the equity interests in SW Soccer Corp, which operates as Sports Endeavors. This US-based transaction involves entities active in the supply of sporting apparel and equipment, primarily for youth soccer and retail customers.
Zendesk – Forethought
Software Publishing
US-based CRM software provider Zendesk, Inc., owned by Permira Holdings Limited and Hellman & Friedman LLC, is acquiring US start-up Forethought Technologies, Inc. through a reverse triangular merger. Forethought, which markets AI-driven software tools integrating with CRM software, will become a wholly owned subsidiary of Zendesk.
Platinum Equity Group – Burke
Toy, Sporting and Recreational Product Manufacturing | Other Manufacturing n.e.c.
Global private equity firm Platinum Equity, through Advance Holdings II, LLC, is acquiring BCI Acquisitions, Inc. (Burke). Burke and Platinum Equity's existing portfolio company, PlayPower, both design, manufacture and supply outdoor playground and recreational equipment.
Scopely – Loom Games
Entertainment Media Retailing | Software Publishing | Computer System Design and Related Services
Scopely, an interactive entertainment company and subsidiary of Saudi Arabia's Public Investment Fund, is acquiring mobile puzzle game developer Loom Games. The share acquisition involves a staged purchase of up to 100% of Loom Games, commencing with an initial 51% stake.
HongShan Capital Group and Temasek – Golden Goose Group
Clothing Retailing | Footwear Retailing | Other Personal Accessory Retailing
HongShan Capital Advisors Limited and Temasek Holdings Private Limited are acquiring joint control of Golden Goose Group S.p.A., an Italian premium apparel company specialising in footwear, clothing, and accessories. The transaction involves the acquisition of shares in the holding company, with other investors including Permira and Carlyle.
Allied Beef - Lease of Yarranbrook Feedlot
Beef Cattle Farming (Specialised) | Beef Cattle Feedlots (Specialised)
Allied Beef Group Pty Ltd, controlled by Laguna Bay Agricultural Fund No 1, proposes to lease the Yarranbrook Feedlot land from Yarranbrook Property Pty Ltd. This lease transaction involves a beef cattle feedlot, aligning with Allied Beef's existing beef cattle farming and feedlot operations.
Crossmuller – GEM
Other Electrical Equipment Manufacturing
Crossmuller Pty. Limited, part of the Borg Group, acquired 100% of the issued share capital of GEMCORP Holdings Pty Ltd. Both companies design, engineer, and manufacture electrical switchboards and industrial automation solutions for various applications. This share sale expands Crossmuller's capabilities in the electrical equipment manufacturing sector.
❌ Recently Rejected
No rejections published since last edition.
🔁 Pending Deals
IOR - Delta Specialised Energy assets
Notification | Phase 1 (initial assessment) | submitted 26 February 2026 | expected 14 Apr 2026 | MN-60004 ↗
North American Construction Group – Iron Mine Contracting and Iron Hire
Notification | Phase 1 (initial assessment) | submitted 25 February 2026 | expected 13 Apr 2026 | MN-85003 ↗
Civilmart – Taylex
Notification | Phase 1 (initial assessment) | submitted 25 February 2026 | expected 13 Apr 2026 | MN-01083 ↗
Cvent - ON24
Notification | Phase 1 (initial assessment) | submitted 23 February 2026 | expected 9 Apr 2026 | MN-15005 ↗
Australian Venue Co. – An Sibin Irish Pub
Notification | Phase 1 (initial assessment) | submitted 23 February 2026 | expected 9 Apr 2026 | MN-65007 ↗
Audiotonix - Soundtech Group
Notification | Phase 1 (initial assessment) | submitted 20 February 2026 | expected 8 Apr 2026 | MN-80004 ↗
MicroStar Logistics - Konvoy
Notification | Phase 1 (initial assessment) | submitted 20 February 2026 | expected 8 Apr 2026 | MN-30003 ↗
Craig Mostyn – Patmore Feeds
Notification | Phase 1 (initial assessment) | submitted 20 February 2026 | expected 8 Apr 2026 | MN-60007 ↗
Salesforce – Qualified
Notification | Phase 1 (initial assessment) | submitted 19 February 2026 | expected 7 Apr 2026 | MN-85007 ↗
Hg Capital - OneStream
Notification | Phase 1 (initial assessment) | submitted 19 February 2026 | expected 7 Apr 2026 | MN-55006 ↗
Henkel – ATP Adhesives Systems Group
Notification | Phase 1 (initial assessment) | submitted 18 February 2026 | expected 2 Apr 2026 | MN-40005 ↗
Apex - Mercer Administration Services and related assets
Notification | Phase 1 (initial assessment) | submitted 17 February 2026 | expected 1 Apr 2026 | MN-10005 ↗
Charter Hall Holdings - JGS Private Capital
Notification | Phase 1 (initial assessment) | submitted 17 February 2026 | expected 1 Apr 2026 | MN-75009 ↗
Sembcorp Industries Ltd - Alinta Energy
Notification | Phase 1 (initial assessment) | submitted 13 February 2026 | expected 30 Mar 2026 | MN-95001 ↗
CVS Group - Pittwater Animal Hospital
Notification | Phase 1 (initial assessment) | submitted 13 February 2026 | expected 30 Mar 2026 | MN-95003 ↗
ServiceNow - Armis
Notification | Phase 1 (initial assessment) | submitted 13 February 2026 | expected 30 Mar 2026 | MN-25004 ↗
Freudenberg Home and Cleaning Solutions – Nilfisk
Notification | Phase 1 (initial assessment) | submitted 9 February 2026 | expected 24 Mar 2026 | MN-70005 ↗
Coles – supermarket and liquor site in Kalgoorlie, WA
Notification | Phase 2 (detailed assessment) | submitted 27 November 2025 | expected 12 Jun 2026 | MN-01068 ↗
Ampol – EG Australia
Notification | Phase 2 (detailed assessment) | submitted 10 October 2025 | expected 9 Jun 2026 | MN-01019 ↗