Coca-Cola Amatil (CCA) has been given the go-ahead to acquire a commercial refrigeration provider. The Australian Competition and Consumer Commission (ACCC) said today (19 January) that it would not oppose the buyout of Quirks Refrigeration by Australia's biggest soft drinks company.

"The ACCC formed the view that the acquisition is unlikely to substantially lessen competition," ACCC chairman Graeme Samuel said.

CCA's control over Australian commercial refrigeration space would not threaten competitors after the Quirks acquisition, the ACCC concluded.

"The ACCC is very much aware of CCA's unrivalled distribution network of in-store refrigeration units in the non-grocery trade channels," Samuel said. "However, there is unlikely to be a significant increase in refrigeration space actually controlled by CCA as the majority of the Quirks units are hired to corporate customers that control the food and beverage products that are supplied in them via re-hire arrangements with retail outlets."

CCA made a move on Quirks late last year, in a bid to expand its existing in-house cold drink and vending service operation in Australia.

Quirks, which has its national headquarters in Sydney, specialises in the sales, rental and service of commercial refrigeration equipment.