REG - Competition and Mkts - Merger Update: Assa Abloy/Arran Isle

Assa Abloy ABAnnouncement

14/02/2022 08:00

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RNS Number : 4542B  Competition and Markets Authority  14 February 2022

 

 

Start of CMA Merger Investigation: anticipated acquisition by ASSA ABLOY
Limited of Arran Isle 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
14 February 2022 and has a deadline of 11 April 2022 for its phase 1 decision.

 

To assist it with this assessment, the CMA invites comments on the transaction
from any interested party.

 

These comments should be provided by 28 February 2022 to:

 

Julie Flandrin

Julie.Flandrin@cma.gov.uk (mailto:Julie.Flandrin@cma.gov.uk)

 

Callum Thompson

Callum.Thompson@cma.gov.uk (mailto:Callum.Thompson@cma.gov.uk)
      

 

 

 

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