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Sika AG / MBCC Group merger inquiry

Competition Markets Authority

August 15
11:44 2022

Phase 2

Contact

Sika.MBCC@cma.gov.uk

Administrative timetable

Date of reference: 10 August 2022

Statutory deadline: 24 January 2023

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.

Phase 1

Statutory timetable

Date Action
27 July 2022 Decision announced
30 May 2022 Launch of merger inquiry
21 April 2022 to 12 May 2022 Invitation to comment

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. The full text of the CMA decision will be published in due course.

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. The full text of the CMA decision will be published in due course.

Launch of merger inquiry

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

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.

Published 21 April 2022
Last updated 15 August 2022 +show all updates
  1. Inquiry group appointed, administrative timetable published and update to contact details.

  2. Reference to Phase 2 investigation announced.

  3. Phase 1 decision announced: Reference unless undertakings accepted.

  4. Merger inquiry launched and commencement notice published.

  5. First published.

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