Weekly ACCC Deal Digest (28 Oct 2026)
New, approved, rejected and pending deals with ACCC up to 27 Oct
Nico Kunz
October 28, 2026
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❇️ New Deals
NYK - NS United
Water Freight Transport
Nippon Yusen Kabushiki Kaisha proposes to acquire sole control of NS United Kaiun Kaisha via a tender offer and share consolidation. Both Japanese shipping companies provide ocean-going dry bulk and liquefied petroleum gas carrier services. The acquirer will increase its stake from 18.35% to approximately 83.33%.
MN-15043 ↗ · Notification, Phase 1 · notified 27 October 2026 · determination due 8 December 2026
Hopper Motor Group – Essendon Kia
Car Retailing | Trailer and Other Motor Vehicle Retailing | Motor Vehicle Parts Retailing | Other Auxiliary Finance and Investment Services | Automotive Body, Paint and Interior Repair | Other Automotive Repair and Maintenance
Hopper Motor Group, through Central Auto Pty Ltd, proposes an asset purchase of the Essendon Kia dealership from Eagers Vic Pty Ltd, a subsidiary of ASX-listed Eagers Automotive Limited. This transaction is in the motor vehicle retailing and related services industry.
MN-20041 ↗ · Notification, Phase 1 · notified 26 October 2026 · determination due 7 December 2026
USCO – ITM
Automotive Electrical Component Manufacturing | Mining and Construction Machinery Manufacturing | Agricultural and Construction Machinery Wholesaling
USCO S.p.A. proposes to acquire 100% of the shares in Italtractor ITM S.p.A. from Titan ITM Holding S.p.A. and Titan Europe Limited. This share acquisition involves two global manufacturers and distributors of undercarriage components for heavy machinery, serving the mining, construction, and agriculture sectors, with an Australian presence.
MN-55046 ↗ · Notification, Phase 1 · notified 26 October 2026 · determination due 7 December 2026
Webuild – Trevi Group
Mining and Construction Machinery Manufacturing | Other Heavy and Civil Engineering Construction | Agricultural and Construction Machinery Wholesaling
Webuild S.p.A. proposes to acquire all ordinary share capital of Trevi Finanziaria Industriale S.p.A. via a tender offer. Both companies operate globally in large-scale infrastructure and complex civil works. Webuild focuses on sustainable mobility and hydropower, while Trevi Group specialises in underground engineering and foundation machinery.
MN-20042 ↗ · Notification, Phase 1 · notified 24 October 2026 · determination due 4 December 2026
AUB – One Underwriting
Auxiliary Insurance Services
AUB Group Limited's subsidiary, Austagencies Pty Ltd, is acquiring 100% of the shares in One Underwriting Pty Ltd from Aon Holdings Australia Pty Ltd. This transaction sees an ASX200 global insurance intermediary group expanding its portfolio with an Australian insurance underwriting agency distributing commercial products to national retail brokers.
MN-55042 ↗ · Notification, Phase 1 · notified 23 October 2026 · determination due 4 December 2026
Monadelphous - Tyden Power
Other Heavy and Civil Engineering Construction | Electrical Services
Monadelphous Group Limited proposes to acquire 100% of the share capital in Tyden Power Pty Ltd. This share acquisition combines two Australian providers of high voltage electrical engineering, maintenance, and construction services for the resources, energy, utilities, and infrastructure sectors.
MN-75065 ↗ · Notification, Phase 1 · notified 23 October 2026 · determination due 4 December 2026
Sun Pharma - Organon
Human Pharmaceutical and Medicinal Product Manufacturing | Pharmaceutical and Toiletry Goods Wholesaling | Scientific Research Services
Sun Pharmaceutical Industries Limited proposes to acquire 100% of Organon & Co. shares, combining two global pharmaceutical and healthcare companies. To resolve competitive overlaps in ganirelix acetate supply for IVF in Australia, Sun Pharma granted Ferring Pharmaceuticals exclusive commercialisation rights for Ganirelix SUN, effective December 2026.
MN-35035 ↗ · Notification, Phase 1 · notified 22 October 2026 · determination due 3 December 2026
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⚡ New & Already Decided
Thoma Bravo – Accelerant Holdings
Financial Asset Investing | Auxiliary Insurance Services
Software investor Thoma Bravo proposes a take-private share acquisition of up to 100% of Accelerant Holdings, a data-driven risk exchange for speciality insurance underwriters. This deal in financial asset investing and auxiliary insurance services involves Altamont Capital Partners and Accelerant's founders retaining equity.
WA-55041 ↗ · Waiver · notified 28 September 2026 · approved 27 October 2026
DCP Capital – Vitaco
Other Grocery Wholesaling | Pharmaceutical and Toiletry Goods Wholesaling | Financial Asset Investing
DCP Capital, an international private equity firm, proposes to indirectly acquire 100% of the shares in Zeus One Holding Company Pty Limited, the holding company for the Vitaco group. Vitaco is an Australian wholesale supplier of health products, including vitamins, supplements, health snacks, and sports nutrition.
WA-70041 ↗ · Waiver · notified 2 October 2026 · approved 27 October 2026
Redwood Services Group – Virtual IT Department
Financial Asset Investing | Computer System Design and Related Services
Redwood Services Group Australia, part of Evergreen Services Group (a portfolio company of private equity firm Alpine Investors), proposes to acquire 100% of the shares in The Virtual IT Department Pty Ltd, The Virtual IT Department (Qld) Pty Ltd and Globechat Communications Australia Pty Ltd. This transaction involves managed IT services providers for small-to-medium businesses and community sector organisations.
WA-85058 ↗ · Waiver · notified 29 September 2026 · approved 27 October 2026
Accel-KKR - Eleco
Financial Asset Investing | Computer System Design and Related Services
Accel-KKR, through Avocet Bidco Limited, proposes to acquire the entire share capital of Eleco PLC via a scheme of arrangement. Accel-KKR is a global investment firm focused on software and technology. Eleco is a listed provider of software solutions for the built environment, including CMMS and CAD software, with Australian operations.
WA-01129 ↗ · Waiver · notified 28 September 2026 · approved 26 October 2026
MA Financial (Redcape Fund) – Caves Coastal Bar & Bungalows
Liquor Retailing | Accommodation | Cafes and Restaurants | Pubs, Taverns and Bars
MA Financial’s Redcape Fund, via Redcape Hotel Group Pty Ltd and MAHF Custodian Pty Ltd, is acquiring Caves Coastal Bar & Bungalows from entities controlled by Oscars Hotel Group. This asset acquisition, expanding Redcape Fund’s community pub and hotel portfolio, includes 18 accommodation bungalows and 17 gaming machine licences.
WA-01131 ↗ · Waiver · notified 9 October 2026 · approved 26 October 2026
Tasmanian Department of Health – leasehold interest in vacant site at Hobart International Airport
Non-Residential Building Construction | Catering Services | Airport Operations and Other Air Transport Support Services | Non-Residential Property Operators | State Government Administration
The Tasmanian Department of Health is acquiring a 20-year leasehold interest, with a 10-year extension option, in land from Hobart International Airport Pty Ltd. This facilitates constructing a new production kitchen facility, replacing an existing one impeding airport terminal development, to continue providing hospital catering services.
WA-25059 ↗ · Waiver · notified 2 October 2026 · approved 26 October 2026
EQT Fund Management S.à r.l. – McGill and Partners Group
Financial Asset Investing | Auxiliary Insurance Services
Entities controlled by EQT Fund Management S.à r.l. propose to acquire the entire issued share capital of specialist reinsurance broker McGill and Partners Group Ltd from a Warburg Pincus LLC-affiliated entity. McGill and Partners provides non-life facultative reinsurance broking services in Australia and globally.
WA-40046 ↗ · Waiver · notified 29 September 2026 · approved 26 October 2026
Attindas – Activ Medical Disposable group
Pulp, Paper and Paperboard Manufacturing | Sanitary Paper Product Manufacturing | Supermarket and Grocery Stores | Pharmaceutical, Cosmetic and Toiletry Goods Retailing | Other Auxiliary Finance and Investment Services | Hospitals (Except Psychiatric Hospitals) | Aged Care Residential Services
Journey Personal Care France SAS, a subsidiary of Attindas, is acquiring 100% of the share capital of Financière de la Salicorne S.A.S., the holding company of the Activ Medical Disposable group. Both companies operate in the absorbent hygiene products market, including adult incontinence products, with some Australian presence. This is a share sale.
WA-70042 ↗ · Waiver · notified 1 October 2026 · approved 26 October 2026
BMD Fleet – East Coast Commercial Vehicles dealerships
Other Heavy and Civil Engineering Construction | Car Retailing | Financial Asset Investing | Other Auxiliary Finance and Investment Services
Civil construction firm BMD Fleet Pty Ltd will acquire the remaining shares of East Coast Commercial Vehicles from BBMG Investments Pty Ltd and CRANEFM Investments Pty Ltd. East Coast Commercial Vehicles operates two Queensland dealerships supplying commercial vehicles and services. BMD Fleet will then hold 100%.
WA-75064 ↗ · Waiver · notified 6 October 2026 · approved 26 October 2026
Ochre Health - Health E Medical & Health E Allied Services, Vic
Office Administrative Services | General Practice Medical Services
Genesis Capital-backed Ochre Health Pty Limited proposes to acquire Health E Medical Pty Ltd and Health E Allied Services Pty Ltd via a 100% share acquisition. The deal involves general practice medical and administrative services, with Health E operating a Geelong West clinic and Ochre Health running 72 medical centres nationally.
WA-05055 ↗ · Waiver · notified 28 September 2026 · approved 23 October 2026
National Dental Care – business assets comprising the Dentists of Tasmania clinic, Sorell, TAS
Dental Services
National Dental Care, majority owned by Crescent Capital Partners, proposes to acquire 100% of the business assets of The Dentists of Tasmania clinic from The Trustee for Dentists of Tasmania Trust. This asset sale expands National Dental Care's network of dental services clinics in Tasmania.
WA-15050 ↗ · Waiver · notified 30 September 2026 · approved 23 October 2026
ANZ Australian Staff Superannuation Scheme – further investment in Vinva Australian Equities Fund unit trust
Superannuation Funds | Other Auxiliary Finance and Investment Services
ANZ Staff Superannuation (Australia) Pty Limited, as trustee for the ANZ Australian Staff Superannuation Scheme, is making a $150 million passive investment in the Vinva Australian Equities Fund. This unit issue will increase the superannuation fund's holding to over 20% in the managed investment product.
WA-45033 ↗ · Waiver · notified 1 October 2026 · approved 23 October 2026
Tuhu – Conti Trade Australia
Motor Vehicle Parts Retailing | Tyre Retailing | Automotive Electrical Services | Automotive Body, Paint and Interior Repair | Other Automotive Repair and Maintenance
TUHU Car (Hong Kong) Limited proposes to acquire 100% of the issued share capital in Conti Trade Australia Pty Ltd, which owns mycar Tyre & Auto. This transaction involves a Hong Kong-listed automotive service network operator entering the Australian market, acquiring a business with approximately 279 tyre and automotive service locations nationally.
WA-60049 ↗ · Waiver · notified 29 September 2026 · approved 23 October 2026
Australian Rugby League Commission – Novotel Sydney International Airport, NSW
Accommodation | Clubs (Hospitality) | Financial Asset Investing | Other Auxiliary Finance and Investment Services | Sports and Physical Recreation Clubs and Sports Professionals | Sports and Physical Recreation Administrative Service | Other Interest Group Services n.e.c.
Australian Rugby League Commission Limited proposes to acquire the Novotel Sydney International Airport hotel business and associated assets, including freehold land and licenses, from entities of Charter Hall. This asset acquisition supports the Commission's investment strategy of owning and operating accommodation and hospitality venues.
WA-75069 ↗ · Waiver · notified 13 October 2026 · approved 23 October 2026
Cerberus – Mechanical Engineering Business of Goodwin
Coal Mining | Other Metal Ore Mining | Other Non-Metallic Mineral Mining and Quarrying | Other Specialised Industrial Machinery and Equipment Wholesaling | Financial Asset Investing | Corporate Head Office Management Services
Cerberus Capital Management, L.P. is acquiring Lord Holdco Limited, which holds the Mechanical Engineering Business of Goodwin PLC. This business supplies pumps, radar parts, steel components, and specialist valves to Australian mining and industrial sectors, via a global share acquisition.
WA-90043 ↗ · Waiver · notified 9 October 2026 · approved 23 October 2026
AerFin - acquisition of aircraft from Qantas
Other Machinery and Equipment Wholesaling n.e.c. | Air and Space Transport
UK-headquartered aviation services company AerFin Limited proposes to acquire Boeing 737-838 aircraft and engines from Australian airline Qantas Airways Limited. This asset acquisition, for AerFin's aftermarket material supply business, involves progressive delivery from October 2026 to May 2033 as aircraft are retired.
WA-95045 ↗ · Waiver · notified 21 September 2026 · approved 23 October 2026
✅ Recently Approved
Shepparton Automotive Group - Darryl Twitt Motors dealerships in Shepparton East, Victoria
Car Retailing | Motor Vehicle Parts Retailing | Other Automotive Repair and Maintenance
Jasnic Automotive Pty Ltd, trading as Shepparton Automotive Group, proposes to acquire the business assets of Goulburn Motor Group (Vic) Pty Ltd, trading as Darryl Twitt Motors, via a business sale agreement. This involves automotive dealerships in Shepparton East, Victoria, covering new and used vehicles, servicing, parts, and financing.
MN-45030 ↗ · Notification, Phase 1 · notified 6 October 2026 · approved 27 October 2026
Olin - Huntsman
Basic Organic Chemical Manufacturing | Basic Inorganic Chemical Manufacturing | Synthetic Resin and Synthetic Rubber Manufacturing
Olin Corporation proposes to acquire 100% of the shares in Huntsman Corporation. This share acquisition involves two US-based chemical manufacturers and distributors. Olin is active in Chlor Alkali, Epoxy, and Winchester products, while Huntsman focuses on Polyurethanes, Performance Products, and Advanced Materials.
MN-95044 ↗ · Notification, Phase 1 · notified 1 October 2026 · approved 27 October 2026
Schreiber Foods – Real Dairy Australia
Cheese and Other Dairy Product Manufacturing | Dairy Produce Wholesaling
US-based dairy manufacturer Schreiber Foods Inc proposes to acquire 100% of the share capital in Australian dairy processor Get Real Foods Pty Ltd (Real Dairy Australia). The transaction involves the processing and distribution of cheese and other dairy products, excluding Real Dairy Australia's Wauchope cheese production facility.
MN-45029 ↗ · Notification, Phase 1 · notified 30 September 2026 · approved 26 October 2026
Vets Central – Vital Vet Animal Hospital
Veterinary Services | Other Personal Services n.e.c.
Vets Central proposes to acquire 100% of the business assets of Vital Vet Animal Hospital from Kinsedo Pty Ltd as trustee for the Ellenvale Veterinary Trust. This asset sale involves a full-service veterinary practice in Ellenbrook, Western Australia, joining Vets Central's group of 88 veterinary practices across Australia and New Zealand.
MN-85042 ↗ · Notification, Phase 1 · notified 25 September 2026 · approved 26 October 2026
Stripe - OpenRouter
Software Publishing | Internet Service Providers and Web Search Portals | Data Processing and Web Hosting Services | Non-Depository Financing | Financial Asset Investing | Other Auxiliary Finance and Investment Services | Computer System Design and Related Services
Stripe, LLC, a financial technology group providing payment processing and financial infrastructure software, proposes to acquire 100% of the capital stock of OpenRouter Inc. OpenRouter is a technology company in the artificial intelligence sector, offering infrastructure services for Large Language Models and generative AI models. This is a share sale.
MN-90037 ↗ · Notification, Phase 1 · notified 2 October 2026 · approved 26 October 2026
Calvary – Southern Cross Care (Tasmania)
Residential Property Operators | Hospitals (Except Psychiatric Hospitals) | Aged Care Residential Services | Other Social Assistance Services
Little Company of Mary Health Care Limited, via its subsidiary Calvary Aged Care Limited, proposes to acquire Southern Cross Care (Tasmania) Inc. by becoming its sole member. This transaction involves not-for-profit providers of residential aged care, retirement living, and home care services, primarily in Tasmania, particularly the Launceston region.
MN-20039 ↗ · Notification, Phase 1 · notified 22 September 2026 · approved 23 October 2026
Architectus – SBA
Financial Asset Investing | Architectural Services
Architectus Services BidCo Pty Ltd proposes to acquire 100% of the shares in SBA Architects Pty Ltd. Both firms provide architectural and interior design services. Architectus is a multi-disciplinary practice operating nationally, while SBA focuses on industrial and commercial sectors across New South Wales, Queensland, and Victoria.
MN-70039 ↗ · Notification, Phase 1 · notified 30 September 2026 · approved 23 October 2026
🚫 Waivers Refused
Uber – Delivery Hero
Non-Store Retailing | Cafes and Restaurants | Courier Pick-up and Delivery Services | Financial Asset Investing
Uber International Technologies II proposes to acquire a majority, up to 100%, of the share capital of Delivery Hero SE, including its Australian subsidiary Tabsquare Pty Ltd. This share acquisition, via a public takeover offer, involves online delivery and digital restaurant management services. Uber currently holds 20-25% of Delivery Hero.
WA-90039 ↗ · Waiver · notified 24 September 2026 · waiver refused 22 October 2026
🔁 Pending Deals
Notification — Phase 1 (initial assessment)
Imagine Education – Eden Academy: submitted 23 September 2026; expected 5 November 2026; MN-05049 ↗
Alcoa – South32 aluminium assets: submitted 10 September 2026; expected 6 November 2026; MN-25047 ↗
Colas – Quarry Products Harlaxton: submitted 28 September 2026; expected 10 November 2026; MN-25048 ↗
Kinetic - Tassielink: submitted 29 September 2026; expected 11 November 2026; MN-75058 ↗
Coles - supermarket site in Angle Vale, SA: submitted 30 September 2026; expected 12 November 2026; MN-75042 ↗
Apiam - Goulburn Valley Equine Hospital: submitted 30 September 2026; expected 12 November 2026; MN-80045 ↗
Altius – Converge International: submitted 1 October 2026; expected 13 November 2026; MN-25053 ↗
PSP Investments - AAA Egg Company: submitted 10 September 2026; expected 13 November 2026; MN-55024 ↗
ASSA ABLOY – Gunnebo Entrance Control: submitted 1 October 2026; expected 13 November 2026; MN-65039 ↗
TurOSI / Cordina: submitted 2 October 2026; expected 16 November 2026; MN-10032 ↗
APEM Group - Resource Strategies: submitted 2 October 2026; expected 16 November 2026; MN-85049 ↗
Bright & Duggan – Civium: submitted 2 October 2026; expected 16 November 2026; MN-95043 ↗
Airbus, Leonardo and Thales – Space activities joint venture: submitted 6 October 2026; expected 17 November 2026; MN-60044 ↗
Stanmore – Exxaro Australia Holdings: submitted 7 October 2026; expected 18 November 2026; MN-05054 ↗
Brown & Hurley - Schmitz Cargobull and Freighter Group: submitted 7 October 2026; expected 18 November 2026; MN-30033 ↗
Macquarie Global Infrastructure Fund - SERV: submitted 7 October 2026; expected 18 November 2026; MN-75059 ↗
Ingenia - Peet - Flagstone JV: submitted 9 October 2026; expected 20 November 2026; MN-60048 ↗
TCL Electronics – Sony’s home entertainment business: submitted 9 October 2026; expected 20 November 2026; MN-65038 ↗
VetPartners – VetLove: submitted 9 October 2026; expected 20 November 2026; MN-75031 ↗
Funds managed by New Forests – Forestry plantations of AKD: submitted 12 October 2026; expected 23 November 2026; MN-85053 ↗
FlightSafety International / Commercial Training Solutions: submitted 13 October 2026; expected 24 November 2026; MN-50040 ↗
CVS Group – Karrinyup Small Animal Hospital: submitted 15 October 2026; expected 26 November 2026; MN-01127 ↗
Camp Australia – Jabiru: submitted 15 October 2026; expected 26 November 2026; MN-15048 ↗
Tabcorp - BetMakers: submitted 15 October 2026; expected 26 November 2026; MN-20040 ↗
Kirin – Jamieson Wellness: submitted 15 October 2026; expected 26 November 2026; MN-55040 ↗
Koch – 50% interest in certain assets of OCP Nutricrops: submitted 16 October 2026; expected 27 November 2026; MN-10039 ↗
Australian Venue Co – assets of Molly’s Irish Pub, Highgate and Molly’s Irish Pub, Victoria Park, Perth: submitted 16 October 2026; expected 27 November 2026; MN-70047 ↗
ABB - Rotork: submitted 17 October 2026; expected 27 November 2026; MN-75061 ↗
Thoma Bravo - Tanda: submitted 16 October 2026; expected 27 November 2026; MN-80047 ↗
IPLiving - Springwood Living Group: submitted 19 October 2026; expected 30 November 2026; MN-01126 ↗
Australian Venue Co – assets of The Breakwater, Hillarys and Print Hall, Perth: submitted 19 October 2026; expected 30 November 2026; MN-85060 ↗
Fruitico – Lease and option to purchase Terra Farm and Sunsweet Farm: submitted 20 October 2026; expected 1 December 2026; MN-15053 ↗
Novotech - Agilex: submitted 20 October 2026; expected 1 December 2026; MN-45032 ↗
Notification — Phase 2 (detailed assessment)
Zoetis – Neogen Genomics Business: submitted 12 May 2026; expected 17 December 2026; MN-05013 ↗
Saipem S.p.A - Subsea7 S.A.: submitted 27 April 2026; expected 22 December 2026; MN-01072 ↗
Notification — Public benefit phase
Insurance Australia Group – RAC Insurance: submitted 3 March 2026; expected 22 December 2026; MN-65005 ↗