Merger Update: Kingspan/Building Solutions

Merger reference decision announced:

On 7 April, the CMA decided that it was or may be the case that the following Merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.

Anticipated acquisition by Kingspan Holdings (Panels) Limited of Building Solutions (National) Limited

Pursuant to section 73A(1) of the Act, the Parties had until 16 April 2020 to offer an undertaking to the CMA that might be accepted by the CMA under section 73(2) of the Enterprise Act 2004 (the Act). On 16 April 2020 the Parties informed the CMA that it would not be offering any undertakings. The CMA has therefore decided to refer this Merger for a phase 2 investigation pursuant to sections 33(1) and 34ZA(2) of the Act.

The text of this decision will be placed on the Competition and Markets Authority's web site at https://www.gov.uk/cma-cases as soon as is reasonably practicable.

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