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ACCC to keep a close eye on funeral industry buy-ups

Simon Evans

The Australian Competition and Consumer Commission says it will be keeping an even closer eye on consolidation in the funeral industry as buyouts of smaller operators by big players continue.

The warning came as the competition regulator gave the green light for ASX-listed Propel Funeral Partners to acquire Gregson & Weight, the largest funerals operator on Queensland's Sunshine Coast.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/accc-to-keep-a-close-eye-on-funeral-industry-buy-ups-20191107-p5387d