What are the details of Ampol’s (ASX:ALD) acquisition of EG Australia?

The Australian Competition and Consumer Commission (ACCC) has conditionally approved Ampol Retail's acquisition of EG Group Australia and EG AsiaPac. To secure clearance, Ampol must divest 41 of its retail fuel sites across Australia to Dib Group, which trades as Metro Petroleum.

Why did the ACCC require Ampol (ASX:ALD) to divest 41 fuel stations?

The ACCC determined that without the divestments, the acquisition would substantially lessen competition and reduce choice for motorists across 39 local markets where Ampol and EG Australia sites overlap. The regulator was particularly conscious of community anxiety regarding high fuel prices and broader cost-of-living pressures.

Who is buying the divested fuel sites from Ampol (ASX:ALD)?

Dib Group, trading as Metro Petroleum, is purchasing the 41 retail fuel sites. Metro Petroleum is an ACCC-approved buyer that already operates over 300 locations across Australia. The acquisition of these sites is intended to position Metro Petroleum as a robust, independent, long-term competitor in the overlapping local markets.

What does the expedited notification waiver mean for the Ampol (ASX:ALD) deal?

The ACCC granted Metro Petroleum a notification waiver, allowing it to fast-track the acquisition of the 41 divested fuel stations without further regulatory delays. According to ACCC Commissioner Dr Philip Williams, this streamlined process demonstrates how structural remedies can be managed efficiently under Australia's new merger regime.

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ACCC approves Ampol deal with fuel divestments

Q: How big will Ampol’s (ASX:ALD) retail network be compared to EG Australia?

Before accounting for the forced divestments, Ampol operates 622 stations, while EG Australia operates 512 stations nationwide. Both are major retail suppliers of fuel and convenience items. Selling 41 sites trims Ampol's immediate network expansion but still allows it to absorb the vast majority of EG Australia's footprint.

Written by Liezl GambePublished Jun 3, 2026, 12:45 AM

The Australian Competition and Consumer Commission conditionally approved Ampol Retail's acquisition of EG Group Australia and EG AsiaPac.

To address intense regulatory concerns, the clearance is strictly subject to Ampol (ASX:ALD) divesting 41 retail fuel sites across Australia to an ACCC-approved purchaser, Dib Group, trading as Metro Petroleum.

Both Ampol and EG Australia are major retail suppliers of fuel and convenience items nationwide, currently operating 622 and 512 stations, respectively.

The ACCC’s exhaustive Phase 2 assessment concluded that without intervention, the merger would substantially lessen competition and reduce choices for motorists across 39 local markets where site overlaps occur, compounding public anxiety regarding escalating fuel prices and rising cost-of-living pressures.

While Ampol initially offered to divest 19 sites, it increased the remedy to 41 stations to satisfy regulatory scrutiny.

Metro Petroleum, which already operates over 300 locations, has been fast-tracked as the buyer via an expedited notification waiver granted by the watchdog.

ACCC Commissioner Dr Philip Williams stated that the streamlined process demonstrates how structural remedies can be managed efficiently under the nation's new merger regime.

At the time of reporting, Ampol's share price was $34.72.