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CAR-Machines4U deal set to proceed, following Australian green light

( October 2, 2025, 08:29 GMT | Official Statement) -- MLex Summary: The regulatory review of CAR Group's plans to acquire Mojo Holdco, the holding company for Machines4U, has come to an end, with Australia’s competition watchdog announcing it wouldn’t oppose the deal. In a statement on its website, the Australian Competition & Consumer Commission said that the merged CAR/Machines4U would be “sufficiently constrained by alternative suppliers of online listings of industrial machinery, including other online listings platforms, general online marketplaces, auction houses and original equipment manufacturer/dealer websites.” CAR, the publicly listed owner of carsales.com.au, operates in the US, South Korea, Chile and Brazil; Machines4U is an Australian online-listings portal specializing in new and used industrial machinery.The Australian Competition & Consumer Commission's analysis follow: ...

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