Hempel Decorative Paints / FB Ammonite

RNS Announcement

RNS Number : 6338E

Competition and Markets Authority

09 July 2021

Start of CMA Merger Investigation: anticipated acquisition of FB Ammonite Limited by Hempel Decorative Paints Limited

The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

The CMA announced the launch of its merger inquiry by notice to the Parties on 9 July 2021 and has a deadline of 6 September 2021 for its phase 1 decision.

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RNS metadata

Title: Hempel Decorative Paints / FB Ammonite
Time: 10:00:01
Date: 9 Jul 2021
Category: Acquisitions and alliances
ID: 6338E