Weekly ACCC Deal Digest 1 April 2026

This week saw 5 new applications, 5 recently approved and 0 rejections spanning healthcare and aged care, petroleum and aviation fuel, mining and industrial manufacturing, maritime and marina services, energy and utilities technology, automotive repair, property and real estate investment, as well as cybersecurity.

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Hospitals (Except Psychiatric Hospitals) | Aged Care Residential Services

Little Company of Mary Health Care Ltd (Calvary) proposes to acquire the business and assets of Holmesglen Private Hospital from Healthscope. This asset sale in the hospital sector follows Healthscope’s parent entities entering voluntary administration. Calvary, a not-for-profit operator, will acquire the acute care facility, expanding its Victorian healthcare presence.

MN-55010 | notification (Phase 1 – initial assessment) | notified 27 March 2026 | determination due 13 May 2026 ↗

Petroleum Product Wholesaling

China Petrochemical Corporation (Sinopec) proposes a 100% equity acquisition of China National Aviation Fuel Group Limited (CNAF). This share sale in petroleum product wholesaling involves Sinopec, an oil and gas company with Australian energy/fuel operations, and CNAF, an aviation fuel provider with Australian jet fuel trading.

MN-01093 | notification (Phase 1 – initial assessment) | notified 26 March 2026 | determination due 12 May 2026 ↗

Polymer Product Manufacturing | Natural Rubber Product Manufacturing | Specialised Machinery and Equipment Manufacturing

A consortium of Tega Industries Limited (76.7%) and Apollo funds (23.3%) proposes a share acquisition of Molycop. Molycop is a global supplier of mining consumables and engineered products. Tega supplies mining products, while Apollo is an alternative asset manager. This transaction impacts the mining and industrial sectors.

MN-85006 | notification (Phase 1 – initial assessment) | notified 26 March 2026 | determination due 12 May 2026 ↗

Boatbuilding and Repair Services | Other Water Transport Support Services

MA Marina Fund Holdco Pty Ltd and MA Marina Fund TT Pty Ltd, controlled by MA Financial Group Limited, propose to acquire the real property and business assets of Gold Coast City Marina. This asset sale expands the MA Marina Fund's portfolio of integrated marina services facilities, which currently includes 16 marinas along Australia's eastern seaboard.

MN-45005 | notification (Phase 1 – initial assessment) | notified 25 March 2026 | determination due 11 May 2026 ↗

Computer System Design and Related Services

Origin Energy Limited is acquiring approximately AUD$210 million in Kraken Technologies shares and an additional 1.5% equity. This facilitates Kraken's spin-off from Octopus Energy Group Limited, a retail operations platform technology provider. Origin maintains its economic interest and waives its Australian exclusivity for the Kraken platform.

MN-20011 | notification (Phase 1 – initial assessment) | notified 24 March 2026 | determination due 8 May 2026 ↗

Automotive Electrical Services | Automotive Body, Paint and Interior Repair | Other Automotive Repair and Maintenance

CARe Autobody Pty Ltd has acquired 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 repair sites, while MotorOne Autobody operates 20 sites across Australia, serving insurers and vehicle owners.

MN-90006 | notification (Phase 1 – initial assessment) | notified 6 March 2026 | approved 30 March 2026 ↗

Rigid and Semi-Rigid Polymer Product Manufacturing | Other Polymer Product Manufacturing | Natural Rubber Product Manufacturing | Other Fabricated Metal Product Manufacturing n.e.c. | Other Machinery and Equipment Manufacturing n.e.c. | Other Machinery and Equipment Wholesaling n.e.c.

The Michelin Group, a multinational tyre manufacturer and polymer composite solutions provider, is acquiring 100% of the issued shares in Flexitallic. Flexitallic is a global manufacturer of high-performance static sealing solutions, serving Australia's oil and gas, mining, petrochemical, and power generation industries.

WA-60010 | waiver (Waiver application) | notified 4 March 2026 | approved 27 March 2026 ↗

Other Auxiliary Finance and Investment Services | Residential Property Operators

Victorian Funds Management Corporation, on behalf of its clients, proposes to acquire units in the RF CorVal MHE Land Trust and RF CorVal MHE Operator Trust, managed by CorVal Partners Limited. This transaction involves investment in a stapled trust structure that develops and manages residential property. State Street Australia Ltd will hold minority interests as custodian.

WA-35008 | waiver (Waiver application) | notified 9 March 2026 | approved 26 March 2026 ↗

Computer System Design and Related Services

Infotrust Ltd, an ASX-listed technology services group, is acquiring 100% of the shares in Canberra-based cybersecurity consultancy Catalyst Cyber. The deal merges Infotrust's commercial and enterprise cybersecurity offerings with Catalyst Cyber's Federal Government client focus, encompassing governance, risk, compliance, and penetration testing.

WA-70009 | waiver (Waiver application) | notified 6 March 2026 | approved 26 March 2026 ↗

Petroleum Product Wholesaling

IOR Pty Ltd acquired the business assets of Delta Specialised Energy Pty Ltd via a business sale agreement. This transaction covers Delta's diesel, AdBlue, and renewable fuels distribution businesses. Both parties operate in petroleum product wholesaling, supplying industrial and commercial clients across Australia, particularly in NSW.

MN-60004 | notification (Phase 1 – initial assessment) | notified 26 February 2026 | approved 25 March 2026 ↗

No rejections published since last edition.