GovWire

Phase 2

Contact

Sika.MBCC@cma.gov.uk

Administrative timetable

Date of reference: 10 August 2022

Statutory deadline: 24 January 2023

• Administrative timetable (PDF, 101KB) (21.9.22)

Responses to notice of possible remedies

The responses to the CMAs notice of possible remedies are below.

• Party X response to notice of possible remedies (PDF, 183 KB) (17.11.22)
• Baker McKenzie response to notice of possible remedies (PDF, 398 KB) (17.11.22)
• Cinven response to notice of possible remedies (PDF, 203 KB) (17.11.22)
• Response to notice of possible remedies (PDF, 143 KB) (17.11.22)
• CVC response to notice of possible remedies (PDF, 193 KB) (17.11.22)

Provisional findings

25 October 2022: The CMA has provisionally found competition concerns as part of its in-depth investigation of the anticipated acquisition by Sika AG of MBCC Group.

• Provisional findings (PDF, 1.04MB) (26.10.22)
• Appendices and glossary (PDF, 178KB) (26.10.22)
• Notice of provisional findings (PDF, 137KB) (25.10.22)
• Summary of provisional findings (PDF, 121KB) (25.10.22)
• Notice of possible remedies (PDF, 296KB) (25.10.22)
• Parties non-confidential proposed remedy option submission (PDF, 1.33 MB) (25.10.22)
• Press release: CMA considers remedy to address concerns in chemical admixtures merger

Issues statement

21 September 2022:The issues statement sets out the scope of the inquiry. It outlines initial theories on what might be adversely affecting competition, but it does not set out findings or conclusions. The deadline for submissions on the issues statement is 5pm on 5 October 2022.

• Issues statement (PDF, 132KB) (21.9.22)

Inquiry group appointed

15 August 2022: The CMA has appointed the inquiry group.Richard Feasey (Chair), Jo Armstrong and Cyrus Mehta.

Terms of reference

10 August 2022: The CMA has referred the anticipated acquisition by Sika AG of MBCC Group for an in-depth investigation.

• Terms of reference (PDF, 115KB) (10.8.22)

Phase 1

Statutory timetable

Reference decision

10 August 2022: The CMA has referred the anticipated acquisition by Sika AG of MBCC Group for an in depth investigation, on the basis that, on the information currently available to it, it is or may be the case that this merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.

• Full text decision (PDF, 192KB) (14.10.22)

Reference unless undertakings accepted

27 July 2022: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. This merger will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns.

• Phase 1 decision (PDF, 423KB) (23.9.22)
• Press release: CMA finds concerns in proposed construction chemicals merger (27.7.22)

Launch of merger inquiry

30 May 2022: The CMA announced the launch of its merger inquiry by notice to the parties.

• Commencement notice (PDF, 96.9KB) (30.5.22)

Invitation to comment: now closed

21 April 2022: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.

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