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Weekly ACCC Deal Digest (8 July 2026)

11 new, 21 approved, 1 rejected and 29 pending deals with ACCC up to 7th July

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Merger Loop
July 08, 2026

Editor note: The ACCC’s new FAQ suggests PE funds need to think more broadly about disclosure when seeking notification waivers. The ACCC appears to expect disclosure of controlled portfolio companies across related funds or strategies where they operate in the same or similar markets, even if they are not strictly “connected entities” (see ACCC FAQ and HSFK Note). For our PE and corporate adviser readers: are you seeing a settled approach emerge, or is this still being worked through deal by deal?

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❇️ New Deals

VSA - SprayLine

VSA Roads Pty Ltd proposes to acquire the assets of SprayLine Road Services, a road maintenance business operated by Head, Transport for Victoria. This asset acquisition follows the Victorian Government's decision to divest SprayLine's spray sealing and line marking operations. VSA supplies similar road surfacing services across multiple states.

Partnered Health - Ryan Plaza Medical Services

Quadrant Private Equity-backed Partnered Health proposes to acquire Ryan Plaza Medical Services. Partnered Health operates 67 primary care clinics and other health services across Australia. Ryan Plaza operates a single medical centre in Maroochydore, Queensland, with 11 general practitioners. This is a share acquisition.

Allianz – certain assets of nib’s Australian travel insurance business

Allianz Group, via AWP Australia Pty Ltd, proposes to acquire certain assets of nib Travel Pty Limited's Australian travel insurance business. This asset sale in the travel insurance distribution sector includes a distribution agreement, enabling nib Group to continue distributing white-labelled Allianz travel insurance products to its health insurance customers.

Hewitt – Nolan Meats

Sapphire Cattle Company, part of the Hewitt group (a red meat producer majority-owned by Public Sector Pension Investment Board), is acquiring Nolan Meats Pty Ltd, including its land and assets. Nolan Meats is a beef producer with a Gympie processing facility (260,000 head annual capacity) and a 4,000 standard cattle unit feedlot.

Vets Central – Hills Veterinary Centre

Vets Central proposes to acquire 100% of the business assets of Hills Veterinary Centre from Jonathan Julian Carruthers. This transaction expands Vets Central's group of 78 veterinary practices, adding a full-service clinic in Blackwood, South Australia. The deal is in the veterinary services industry.

Experience Australia Group (Journey Beyond) proposes to acquire Vyscot Pty Ltd, operator of SeaLink Rottnest passenger ferry services, from Kelsian Group Limited. This share sale is part of Kelsian's divestment of its Australian tourism portfolio. The transaction involves tourism and marine transport assets.

Journey Beyond Kelsian Group Tourism Portfolio

Experience Australia Group (Journey Beyond) is acquiring Kelsian Group's Australian tourism portfolio through share and asset purchases. This includes various tours, cruises, ferries, and resort accommodation across key Australian destinations. Kelsian is divesting its Australian tourism assets.

KINETIC - DYSONS BUS SERVICES

Kinetic Holding Company Pty Ltd proposes to acquire 100% of the shares in L.C. Dyson’s Bus Services Pty Ltd and related bus depot assets from Dysons’ shareholders. This interdependent share and asset sale involves two Australian bus service operators, Kinetic and Dysons, expanding transportation services across Victoria, New South Wales, and South Australia.

SLB – S&P Global’s Geoscience Software Portfolio

SLB N.V. proposes to acquire S&P Global Inc.'s geoscience software portfolio. This asset acquisition involves software for upstream oil and gas exploration and production workflows. SLB provides technology and software to the energy sector, while S&P Global operates an energy division offering similar geoscience software.

SpaceX - Anysphere

Space Exploration Technologies Corp., via a subsidiary, proposes to acquire 100% of the shares in Anysphere, Inc. This transaction is in the artificial intelligence (AI) coding tool sector. SpaceX's group includes xAI, which develops Grok AI models and the Grok Build coding tool, while Anysphere develops the Cursor AI coding tool.

Symal Group - Shamrock Engineering and Equipment

Symal Group Limited proposes to acquire Shamrock Equipment Pty Ltd, Shamrock Civil Engineering Pty Ltd, Phoenix Investments Queensland Pty Ltd, and certain assets. This transaction sees Symal Group, a civil construction and engineering services provider, acquire the Shamrock Group entities and assets, also active in civil construction and engineering.

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

CSR - Complete Plaster

CSR Building Products Limited, owned by Saint-Gobain, acquired the business operations of Complete Plaster & Reo Pty Ltd. This asset acquisition sees CSR, a manufacturer of plasterboard and fibre cement, take over a Port Macquarie distributor. Complete Plaster primarily distributes CSR's products in the region. The transaction was approved.

LTM – Randstad Digital entities including FinXL

Global technology consulting firm LTM UK & Ireland Limited is acquiring 100% of the shares in Australian technology solutions provider FinXL Professional Services Pty Ltd from Randstad Digital Holdings Pty Ltd. This share acquisition enhances LTM's technology consulting and IT services capabilities, particularly in data analytics and AI.

Editor note: deal both new and approved

Australian Venue Co – assets of Café Kinetic, Flinders Lane Melbourne CBD

AVC Operations Pty Ltd, a subsidiary of Australian Venue Co. Holdings Limited, is acquiring substantially all assets of Café Kinetic, a licensed café/restaurant in Flinders Lane, Melbourne CBD. The asset sale is from the partnership of LOFISKO PTY LTD and BLACK TREE GROUP PTY LTD.

Editor note: deal both new and approved

Equans - CV Services Group

Equans SAS, a global energy and technical services company, acquired 80% of the share capital of Australian technical services company, CV Services Group Pty Ltd. This share sale combines their offerings in electrical, facility management, and signage services. The transaction has been approved.

Oaktree – Vivax Metrotech

Global investment manager Oaktree Capital Holdings, via Vector JV Bidco, is acquiring a 60% stake in global surveying instrument manufacturer Vivax. The share acquisition sees vendor AMI Holding GmbH retain a 40% indirect equity participation. Vivax supplies precision pipe and cable locating equipment in Australia.

Editor note: deal both new and approved

Mitsubishi Estate Asia – Eynesbury Properties

Mitsubishi Estate, via MECO Eynesbury Pty Limited, acquired 49.9% equity in Eynesbury Greenhill Pty Ltd, Eynesbury Wyndham Pty Ltd, and Eynesbury Township Pty Ltd. This preference share subscription provides capital for the Eynesbury residential master planned community development in Victoria, with the existing shareholders retaining 50.1% ownership.

Editor note: deal both new and approved

Siemens Energy – Camlin Group

Siemens Energy Limited, a German-headquartered energy sector company, is acquiring the entire issued share capital of Northern Ireland's Camlin Group. This share acquisition combines Siemens Energy's broad power technology offerings with Camlin Group's specialised monitoring and predictive fault management solutions for the energy and rail sectors.

Editor note: deal both new and approved

Vets Central - Gold Coast Veterinary Surgery

Australian veterinary group Vets Central acquired 100% of the shares in Ingwe Consulting Pty Ltd, trading as Gold Coast Veterinary Surgery. The Surfers Paradise-based full-service practice was sold by Kevin Mark Cruickshank and Fiona Jane Cruickshank. This expands Vets Central's significant footprint in the veterinary services sector.

Editor note: deal both new and approved

Freedom Fuels – Rennic

Freedom Fuels Australia Pty Ltd is acquiring the operating rights and equipment for Rennic Pty Ltd's sole remaining 'Connetic' fuel retail site in Armidale, NSW. This business sale expands Freedom Fuels' independent fuel retail presence, currently 54 sites, as Rennic divests its last site in the fuel retail market.

Editor note: deal both new and approved

EY Australia - Australian EY Fusion business

Ernst & Young (EY Australia) acquired the Australian EY Fusion business, including EY Business Solutions Pty Ltd and EY Identity Pty Ltd, from AP Fusion Holdings (Singapore) Pte Ltd. This business and assets sale consolidates artificial intelligence, data analytics, and cybersecurity services within EY Australia's professional services offering.

Editor note: deal both new and approved

EBOS - Paringa Pet Foods

EBOS Group Limited, through its subsidiary Pet Care Distributors Pty Ltd, will acquire 100% of the shares of Paringa Pet Foods Pty Ltd. This transaction combines EBOS's dry pet food and treats portfolio with Paringa Pet Foods' fresh, frozen, and cooked pet food manufacturing and supply business, expanding their presence in the Australian pet care market.

Logic Technologies - Ace Communication Distributors

Logic Technologies Pty Ltd, part of CSE Global Limited, proposes to acquire 100% of the shares in Ace Communication Distributors Pty Ltd. Both companies are Australian wholesale distributors of communication equipment, including two-way radio and push-to-talk over cellular devices.

CVC Capital Partners and Groupe Bruxelles Lambert – Recordati

Groupe Bruxelles Lambert SA and CVC Funds are acquiring joint control of pharmaceutical group Recordati S.p.A. Currently solely controlled by CVC Funds, the transaction sees Groupe Bruxelles Lambert SA take approximately 30% in the acquiring entity via a voluntary tender offer for Recordati shares.

Editor note: deal both new and approved

Premier Fresh – Domenico Group

Premier Fresh Australia Pty Ltd acquired 100% of the shares in North Queensland IQF Pty Ltd and Double D Produce Pty Ltd (Domenico Group), plus associated land and leases. Domenico Group is a Queensland-based grower and processer of fresh and frozen vegetables, predominantly capsicums, supplying the acquiring wholesaler, a longstanding customer.

Coles – supermarket site in Lidcombe (NSW)

Coles Supermarkets Australia Pty Ltd, a subsidiary of Coles Group Limited, has signed a letter of offer for a proposed lease of a new supermarket in Lidcombe, NSW. The supermarket will be constructed by Builtcom Properties 11 Pty Ltd within a mixed-use development, with an anticipated opening in January 2030.

Warburg Pincus – Commercial Credit Holdings Limited

Private equity firm Warburg Pincus, via its special purpose vehicle Currawong BidCo Pty Ltd, is acquiring Commercial Credit Holdings Limited (CCH). CCH operates CreditorWatch, an Australian commercial credit reporting bureau and end-to-end credit risk management platform. This is a share acquisition.

Editor note: deal both new and approved

Count – Oracle Group

Count Limited, an ASX-listed accounting and wealth management network, proposes to acquire 100% of the shares in Tamarama Accounting, Tamarama Advisory, and Tamarama Investment Management. These target companies will hold the assets and businesses of Oracle Group, which provides financial advice, accounting, and investment management services across NSW, QLD, and VIC.

Editor note: deal both new and approved

ANZ, CBA, NAB and Westpac – shares in joint venture and interests in Joint Cash Pool

ANZ, Commonwealth Bank of Australia, National Australia Bank, and Westpac are establishing a joint venture. This involves amalgamating their existing cash holdings into a new Joint Cash Pool for wholesale and commercial cash distribution. Each bank will acquire a 25% shareholding in an incorporated operating entity and a 25% interest in the Joint Cash Pool.

Tasmea - Maxim

Tasmea Limited, a diversified specialist trade-skill services group, will acquire 100% of the issued share capital of Maxim Group Australia Pty Ltd. Maxim delivers project and construction-based electrical works for data centres, transport infrastructure, and commercial projects. This share sale expands Tasmea's electrical services into new commercial sectors.

Editor note: deal both new and approved

Service Stream – RiE

Service Stream Limited, via a subsidiary, has acquired all issued share capital in RiE Group Pty Ltd. This share sale strengthens Service Stream's utilities division, which provides essential infrastructure services, by incorporating RiE's specialised industrial electrical and instrumentation services for clients in power generation, renewable energy, and oil and gas.

Coles – supermarket site in Minto, NSW

Coles Supermarkets Australia Pty Ltd is acquiring a leasehold interest in Minto Mall, NSW, from Minto Marketplace Pty Limited. This transaction will see Coles open a new supermarket by March 2028, anchoring the retail shopping centre currently anchored by Woolworths and Kmart.

❌ Recently Rejected

Coles – supermarket and liquor site in Kalgoorlie, WA

Coles Group Limited sought to acquire a leasehold interest from M Holdings 4 Pty Ltd for a new Kalgoorlie neighbourhood centre. Coles planned to operate a 2,800 square metre supermarket and Liquorland store. The ACCC subjected the asset acquisition notification to a Phase 2 review, concerning supermarket and liquor retail, and ultimately did not approve it.

🔁 Pending Deals

Notification — Phase 1 (initial assessment)

  • Amazon – Globalstar: submitted 29 June 2026; expected 10 Aug 2026; MN-50025 ↗

  • Stonepeak-led consortium - Estia Health: submitted 29 June 2026; expected 10 Aug 2026; MN-50026 ↗

  • Hapag-Lloyd - ZIM: submitted 29 June 2026; expected 10 Aug 2026; MN-65022 ↗

  • Midea - Residentia Group: submitted 26 June 2026; expected 7 Aug 2026; MN-01106 ↗

  • WSP - Geotechnical Testing and Interpretation: submitted 26 June 2026; expected 7 Aug 2026; MN-01107 ↗

  • OpenAI - Ona: submitted 26 June 2026; expected 7 Aug 2026; MN-90020 ↗

  • Sika AG - Akkim: submitted 25 June 2026; expected 6 Aug 2026; MN-40027 ↗

  • INNIO Group – Enerflex: submitted 25 June 2026; expected 6 Aug 2026; MN-80021 ↗

  • AkzoNobel - Axalta: submitted 24 June 2026; expected 5 Aug 2026; MN-50024 ↗

  • Autodesk - MaintainX: submitted 23 June 2026; expected 4 Aug 2026; MN-60022 ↗

  • Coles – supermarket site in Coffs Harbour (NSW): submitted 23 June 2026; expected 4 Aug 2026; MN-70022 ↗

  • Endeavour Group - retail liquor site in Avalon, NSW: submitted 22 June 2026; expected 3 Aug 2026; MN-50027 ↗

  • Regis Resources - Vault Minerals: submitted 22 June 2026; expected 3 Aug 2026; MN-65020 ↗

  • Genea - Care Fertility Greenslopes: submitted 19 June 2026; expected 31 Jul 2026; MN-01104 ↗

  • Discovery Holiday Parks – four Breeze Holiday Parks: submitted 18 June 2026; expected 30 Jul 2026; MN-01103 ↗

  • Bertelsmann Music Group - Concord: submitted 18 June 2026; expected 30 Jul 2026; MN-75023 ↗

  • Adbri - Eureka Concrete: submitted 17 June 2026; expected 29 Jul 2026; MN-50021 ↗

  • Complete Air Supply - All Air: submitted 16 June 2026; expected 28 Jul 2026; MN-15018 ↗

  • Transocean - Valaris: submitted 16 June 2026; expected 28 Jul 2026; MN-25019 ↗

  • Calvary - Hobart Private Hospital: submitted 16 June 2026; expected 28 Jul 2026; MN-40013 ↗

  • Uber - Blacklane: submitted 5 June 2026; expected 20 Jul 2026; MN-20018 ↗

  • CVS Group – Paws at Prospect Vet and Eyes at Prospect Vet: submitted 2 June 2026; expected 21 Jul 2026; MN-70020 ↗

  • Heidelberg Materials Australia – construction materials business of MAAS: submitted 28 May 2026; expected 3 Aug 2026; MN-50009 ↗

  • Black Rhino - Club Hotel Motel Roma: submitted 21 May 2026; expected 27 Jul 2026; MN-90008 ↗

  • Zoetis – Neogen Genomics Business: submitted 12 May 2026; expected 23 Jul 2026; MN-05013 ↗

  • Saipem S.p.A - Subsea7 S.A.: submitted 27 April 2026; expected 10 Nov 2026; MN-01072 ↗

Notification — Phase 2 (detailed assessment)

  • Trescal – TR Calibration: submitted 14 April 2026; expected 6 Nov 2026; MN-90009 ↗

  • Insurance Australia Group – RAC Insurance: submitted 3 March 2026; expected 23 Sep 2026; MN-65005 ↗

  • MicroStar Logistics - Konvoy: submitted 20 February 2026; expected 17 Aug 2026; MN-30003 ↗

Weekly ACCC Deal Digest (8 July 2026) | MergerLoop