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Cleanaway's move on Contract Resources not opposed by Australian regulator

( July 4, 2025, 02:23 GMT | Official Statement) -- MLex Summary: The proposed acquisition of Contract Resources Group by Cleanaway Waste Management has received a green light from the Australian competition regulator. In a statement today, the Australian Competition & Consumer Commission said the merged entity would be unlikely to profitably leverage Contract Resources’ strong position in the supply of specialist industrial services into Cleanaway’s waste management offering because customers have other options for these specialist industrial services. Cleanaway is an Australian-based recycling, waste management and industrial-services company; Contract Resources is a specialist provider of industrial services for complex and high-value assets in the energy and oil and gas sectors.The full statement by the Australian Competition & Consumer Commission follows:...

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