The ACCC has approved the acquisition of Australia's biggest smallgoods manufacturer, Australian Consolidated Food Holdings (Primo), by JBS USA, the nation's largest meat processor.
The ACCC had received submissions from many industry participants including farmers, competing abattoirs, suppliers and customers who had expressed concern that the proposed acquisition would result in less competition in the market for the acquisition of fat cattle in northern NSW and Queensland. However following an assessment by the ACCC, the competition watchdog determined that…
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