Merger Update: Saint-Gobain / GCP

         Anticipated acquisition by Saint-Gobain of GCP Applied Technologies

Launch of merger inquiry

On 6 December 2021, Compagnie de Saint-Gobain S.A. and GCP Applied Technologies Inc. announced that they entered into an agreement for Saint-Gobain to acquire GCP Applied Technologies (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 26 July 2022 and has a deadline of 21 September 2022 for its phase 1 decision.

Contact 

Philippa Allan, [email protected] 

Dima Talja, [email protected]  

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