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Pace Farm's move on egg supplier Kinross Farms cleared by Australian watchdog

( May 22, 2025, 03:51 GMT | Official Statement) -- MLex Summary: Egg supplier Pace Farm’s acquisition of industry peer Kinross Farms can proceed, with Australia’s competition watchdog concluding that the deal was unlikely to substantially lessen competition in any market in Australia. In an entry on its website, the Australian Competition & Consumer Commission said its probe focusing on the supply of shell eggs and liquid egg products on Australia’s east coast had found that the deal was unlikely to materially increase market concentration. “Post-acquisition, Pace Farm would likely be competitively constrained by other large and medium-sized shell egg suppliers,” the regulator concluded.The Australian Competition & Consumer Commission's competition analysis follows: ...

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