Competition Markets Authority
Following completion of the transaction, Sumisho Osaka Gas Water UK Limiteds name was changed to Sutton and East Surrey Group Holdings Limited.
Statutory timetable
Phase 1 | Action |
---|---|
7 May 2024 | Deadline for phase 1 decision (*) |
7 March 2024 | Launch of merger inquiry |
27 February 2024 to 12 March 2024 | Invitation to comment |
8 January 2024 | Initial enforcement order |
(*) This date is the current statutory deadline by when the decision will be announced. If any change occurs, the information is refreshed as soon as practicable. However, the CMA cannot guarantee that the decision will be announced on or before this current deadline, as the deadline of a given case may change during the merger assessment process due to different reasons.
Phase 1
Launch of merger inquiry
7 March 2024: The CMA announced the launch of its merger inquiry by notice to the Parties.
- (7.3.24)
Invitation to comment: closed on 12 March 2024
The Competition and Markets Authority (CMA) is considering pursuant to section 32(b) of the Water Industry Act 1991 (WIA91), whether it is or may be the case that a merger of two or more water enterprises has taken place and, if so, whether the creation of that situation is likely to prejudice Ofwats ability, in carrying out its functions, to make comparisons between water enterprises.
The CMA is issuing this preliminary invitation to comment to allow interested parties to submit to the CMA any initial views on the impact that the transaction could have on water regulation in England and Wales. The CMA has not yet launched its formal investigation into this transaction. This invitation to comment is the first part of the CMAs information-gathering process.
To assist it with this assessment, the CMA invites comments on the merger from any interested party.
These comments should be provided by the deadline set out above.
Initial enforcement order
8 January 2024: The Competition and Markets Authority (CMA) served an initial enforcement order under section 72(2) of the Enterprise Act 2002, as modified by the Water Mergers (Modification of Enactments) Regulations 2004, in relation to the completed acquisition by Pennon Group Plc of Sumisho Osaka Gas Water UK Limited.
- (29.1.24)
Amendments / consents granted
- (1.5.24)
- (1.5.24)
- (5.3.24)
- (5.3.24)
- (5.3.24)
- (5.3.24)
- (29.1.24)
- (29.1.24)
- (29.1.24)
Contact
Please send written representations about any competition issues to: Pennon.SOGWUK@cma.gov.uk.
Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please see our Privacy Notice.