REG - Competition and Mkts - Merger Update: Dye & Durham/TM Group

Dye & DurhamAnnouncement

09/12/2021 11:00

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RNS Number : 0121V  Competition and Markets Authority  09 December 2021

Merger decision announced:

 

The CMA has decided, on the information currently available to it, that it is
or may be the case that the following Merger has resulted in a substantial
lessening of competition within a market or markets in the United Kingdom.

 

COMPLETED ACQUISITION BY DYE & DURHAM (UK) LIMITED OF TM GROUP (UK)
LIMITED

The CMA is therefore considering whether to accept an undertaking under
section 73 of the Enterprise Act 2002 (the Act) in lieu of a reference.
Pursuant to section 73A(1) of the Act, the Parties have until 16 December 2021
to offer an undertaking to the CMA that might be accepted by the CMA under
section 73(2) of the Act. If no such undertaking is offered, then the CMA will
refer this Merger pursuant to sections 22(1) and 34ZA(2) of the Act:

 

The text of this decision will be placed on the Competition and Markets
Authority's website at www.gov.uk/CMA (http://www.gov.uk/CMA) as soon as is
reasonably practicable.

 

In the event of media enquiries please email Press@cma.gov.uk
(mailto:Press@cma.gov.uk) .

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