Competition and Mkts - Merger Update: Kingspan / Coverworld

Kingspan

02/07/2025 07:00

RNS Number : 2486P

Competition and Markets Authority

02 July 2025

 

Start of CMA Merger Investigation: Anticipated acquisition by Kingspan Group Limited of Coverworld 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 merger 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 2 July 2025 and has a deadline of 1 September 2025 for its phase 1 decision.

 

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