Listed cosmetic injections and skincare group Silk Laser Clinics has announced its acquisition of Australian Skin Clinics and the Cosmetic Clinic in New Zealand, according to a media report. The acquisition, worth $52 million, will increase Silk Laser’s outlets from 61 to 117, of which 14 are located in New Zealand. The company estimates there will be up to $500,000 in synergy savings and limited cross-over in locations. The Australian Competition and Consumer Commission will not conduct a public review into the acquisition, reportedly indicating it has no concerns over reduced competition in the industry.