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Carpenter Co. / Recticel NV/SA

RNS Announcement

RNS Number : 3299K

Competition and Markets Authority

05 May 2022

Start of CMA Merger Investigation: The CMA is investigating the anticipated acquisition by Carpenter Co. of the engineered foams business of Recticel NV/SA

The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result 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 5 May 2022 and has a deadline of 4 July 2022 for its phase 1 decision.

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RNS metadata

Title: Carpenter Co. / Recticel NV/SA
Time: 07:00:02
Date: 5 May 2022
Category: Acquisitions and alliances
ID: 3299K