Street Talk

Konvoy Kegs auction has a winner, one that will make the ACCC nervous

Sarah Thompson, Kanika Sood and Emma Rapaport

Jun 1, 2025 – 7.17pm

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Kegstar, a keg rental business owned by American giant Microstar Logistics, is set to acquire its Sydney-headquartered rival Konvoy Kegs, which landed in receivership in March after non-bank lender Aquasia pulled financing.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.