The Australian Competition and Consumer Commission (ACCC) has announced that MicroStar Logistics LLC's acquisition of Konvoy Holdings Pty Ltd will undergo a Phase 2 review. This decision stems from concerns that the acquisition could significantly reduce competition in the keg pooling services market in Australia.

MicroStar, operating as Kegstar in Australia, and Konvoy are the only two suppliers of keg pooling services in the country. These services are crucial for brewers, particularly smaller independent ones, who rely on renting kegs to supply their products without the burden of managing keg collections.

ACCC Commissioner Dr. Philip Williams expressed concerns that the acquisition could eliminate MicroStar's closest competitor, thereby harming competition in the market. The ACCC has not yet made a final decision and will continue its assessment during the Phase 2 review.

The ACCC has invited submissions regarding the acquisition until April 20, 2026, and interested parties can reach out via the provided email. More details and the Phase 2 Notice are accessible on the ACCC's acquisitions register.

MicroStar, a U.S.-based company, entered the Australian market in 2021 by acquiring Kegstar Pty Limited. Konvoy, which is currently in voluntary administration, offers similar keg pooling services and is undergoing a sales process, with MicroStar selected as the buyer.

Under the new merger control regime effective from January 1, 2026, businesses must notify the ACCC of acquisitions that meet specific thresholds and await approval before proceeding. The ACCC's Phase 1 assessment typically takes 15 to 30 business days, while a Phase 2 review can extend up to 90 business days.