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NEWS

Preliminary competition concerns over Woolworths’ PFD acquisition

The ACCC has blocked the Woolworths acquisition of PFD subject to a statement of issues (see Media Release link below).

IFDA has played a significate role in this decision, ably supported by like industry peak bodies; sympathetic to its cause. IFDA will continue to champion the independent food distributor and industry, maintaining a vigilant approach to retail disruptors.

Through IFDA, NAFDA Foodservice will continue to represent its valued Members and the industry as a whole, as this is far from over yet, however in the interim good news.

Read the media release:
https://www.accc.gov.au/media-release/preliminary-competition-concerns-over-woolworths-pfd-acquisition

ACCC, Tuesday 15 December 2020