- Title:
Merger Update : Sika/MBCC - Time:
07:00:06 - Date:
30 May 2022 - Category:
Acquisitions and alliances - ID:
1040N
On 11 November 2021, Sika AG and MBCC Group announced that they entered into an agreement for Sika AG to acquire MBCC Group (the Merger).
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 30 May 2022 and has a deadline of 27 July 2022 for its phase 1 decision.
Contact
Philippa Allan, [email protected]
Dima Talja, [email protected]
Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please see our Privacy Notice.
Merger Update : Sika/MBCC07:00:0630 May 2022Acquisitions and alliances1040N