REG - Competition and Mkts - Alumasc/ARP

AlumascAnnouncement

30/10/2023 08:15

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RNS Number : 5887R  Competition and Markets Authority  30 October 2023

Start of CMA Merger Investigation: ANTICIPATED ACQUISITION BY THE ALUMASC
GROUP PLC OF ARP GROUP HOLDINGS LTD AND RAINWATER ONLINE HOLDINGS LIMITED

 

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
27 October 2023 and has a deadline of 22 December 2023 for its phase 1
decision.

 

 

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