Merger Update: Ali/Welbilt

Announcement of CMA Decision

Anticipated acquisition by Ali Holding S.r.l, of Welbilt, Inc

CMA to look at Ali Group and Welbilt undertakings offer in detail

On 9 June 2022, the CMA announced that it is or may be the case that the above Merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.

On 10 June 2022, the Parties offered undertakings to the CMA. The CMA has considered the undertakings offered and today announced that it considers that there are reasonable grounds for believing that the undertaking offered, or a modified version of it, might be accepted by the CMA to remedy the substantial lessening of competition identified by the CMA.

The CMA now has until 22 August 2022 to decide whether to accept the undertakings, with the possibility to extend this timeframe to 18 October 2022 if it considers there are special reasons for doing so.

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

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