Weekly ACCC Deal Digest (4 March 2026)
7 new, 8 approved, 0 rejected on ACCC M&A Register up to 3 March 2026
Merger Loop
March 04, 2026
This week’s update includes 3 new Phase 1 assessments across fuel distribution, mining services and construction materials. IOR Petroleum is proposing to acquire Delta Specialised Energy’s fuel distribution assets, North American Construction Group is expanding in WA mining and civil services through the acquisition of Iron Mining Contracting and Iron Hire, and Civilmart is set to acquire Taylex in the wastewater and precast concrete products sector.
Recent activity includes four waiver approvals across engineering and consulting, dental services, waste recycling and equine nutrition, with one matter cleared within two days of notification. Further Phase 1 clearances were granted in hospitality, enterprise IT and medical imaging technology.
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❇️ New Deals
IOR - Delta Specialised Energy assets
IOR Pty Ltd (trading as IOR Petroleum) proposes to acquire the diesel, AdBlue, and renewable fuels distribution business assets of Delta Specialised Energy Pty Ltd. Both Australian companies supply fuels to industrial and commercial businesses. This is an asset sale via a business sale agreement.
North American Construction Group – Iron Mine Contracting and Iron Hire
North American Construction Group Limited proposes to acquire 100% of the shares in DCL Corp Pty Ltd (trading as Iron Mining Contracting) and Iron Hire Pty Ltd. Both parties supply mining and civil construction services for large and medium-scale mining projects in Western Australia, with North American Construction Group also providing heavy equipment rental.
Civilmart – Taylex
Civilmart, a precast concrete products manufacturer, proposes to acquire 100% of the issued share capital in Taylex Group Holding Co Pty Ltd. Taylex manufactures wastewater treatment systems, septic tanks, and rainwater tanks. Both parties supply concrete AWTS, septic tanks, and rainwater tanks in NSW, QLD, and VIC.
Editor Note : The next 4 deals were both recently published on register and approved.
Eiffel and Eurazeo – Segula
Eiffel Investment Group SAS and Eurazeo SE have acquired joint control of Segula Holding SAS via a debt-to-equity swap, with each now holding 50% of voting rights. This financial restructuring involves Segula, a global engineering and technology consulting group active in Australian automotive and rail professional engineering services.
Colliers International Group – Ayesa Engineering
Global Garella, S.L., a Colliers International Group Inc. subsidiary, acquired 100% of the shares in Ayesa Engineering, S.A.U. The transaction unites two global engineering consultancy services providers, with Australian overlaps in design, supervision and project management for property, buildings, and infrastructure.
Impression Dental Group - Happy Rock Dental Practice
Genesis Capital-controlled Impression Dental Group proposes to acquire 100% of the assets of Happy Rock Dental Practice, owned by Dr Wei-Jie Jiang and Wei-Jie Jiang Pty Ltd, via a business sale agreement. This transaction is in the dental services sector, with Impression Dental Group being a dental support organisation.
Bettergrow - HYG
BetterGrow Holdings Pty Ltd, an organic recovery and waste recycling company part of the Borg Group, proposes to acquire 100% of the shares in Hygain Holdco Pty Ltd. Hygain, an equine-nutrition company manufacturing premium horse feeds and supplements, is controlled by funds under management of Adamantem Capital.
✅ Recently Approved
Bain Capital – MCJ
Private equity firm Bain Capital Investors, LLC is indirectly acquiring 100% of the shares in MCJ Co., Ltd. via BCPE Meta Cayman, L.P. MCJ is an integrated Information and Communications Technology business, primarily active in Japan, with Australian IT product repair and support services through R-Logic.
Australian Venue Co. – four licensed venues in metropolitan Sydney (Public House Petersham, The Erko, The Golden Sheaf and Barangaroo House)
Australian Venue Co., via AVC Operations Pty Limited, acquired substantially all assets of four Sydney licensed venues: Public House Petersham, The Erko, The Golden Sheaf, and Barangaroo House. Solotel Group entities and Matt Moran were the vendors in this asset sale, expanding the acquirer's hospitality footprint.
IBM - Confluent
International Business Machines Corporation proposes to acquire 100% of the shares in Confluent, Inc. IBM is active in IT solutions, software, systems, and services. Confluent is a data-streaming platform company built on Apache Kafka, providing cloud-native and on-premise offerings for real-time data.
GE Healthcare – Intelerad
GE Healthcare Technologies Inc, a global medical technology and digital solutions company, has acquired Intelerad Topco Holdings ULC and Intelerad Holdings ULC, a medical imaging software provider. This share acquisition expands GE Healthcare's portfolio in enterprise imaging products, including PACS and radiological information systems, for healthcare providers.
❌ Recently Rejected
No rejections published since last edition.
🔁 Pending Deals
Cvent - ON24
Australian Venue Co. – An Sibin Irish Pub
Audiotonix - Soundtech Group
MicroStar Logistics - Konvoy
Craig Mostyn – Patmore Feeds
Salesforce – Qualified
Hg Capital - OneStream
Henkel – ATP Adhesives Systems Group
Apex - Mercer Administration Services and related assets
Charter Hall Holdings - JGS Private Capital
Sembcorp Industries Ltd - Alinta Energy
CVS Group - Pittwater Animal Hospital
ServiceNow - Armis
Freudenberg Home and Cleaning Solutions – Nilfisk
Parker-Hannifin – Filtration Group
Coles – supermarket and liquor site in Kalgoorlie, WA
Ampol – EG Australia