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Pace Farm-Kinross Farms deal places regulatory focus on Australia's egg suppliers

( January 31, 2025, 02:11 GMT | Official Statement) -- MLex Summary: The move by egg supplier Pace Farm to acquire industry peer Kinross Farms has sparked a public review by Australia’s competition watchdog. In a market inquiries letter, the Australian Competition & Consumer Commission said that its probe would focus on the closeness of the two players in the supply of shell eggs and egg products; the availability of alternative suppliers of shell eggs and egg products; and any impact the deal may have on the acquisition of “inputs required for the supply of shell eggs or egg products.” The regulator has set April 17 as a provisional decision date.The full statement from the Australian Competition & Consumer Commission follows; the market inquiries letter is attached. ...

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