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Cleanaway's move on Contract Resources under Australian antitrust review

( May 13, 2025, 07:14 GMT | Official Statement) -- MLex Summary: The proposed acquisition of Contract Resources Group by Cleanaway Waste Management is facing a public review by Australia’s mergers regulator. In a market inquiries letter published today, the Australian Competition & Consumer Commission said that its probe would focus on the impact the deal may have on competition in industrial and waste-management services and the degree to which the greater market concentration could harm competition among suppliers of the two companies. 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 ACCC's market inquiries letter is attached; the regulator's full statement is below: ...

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