Thursday, December 7, 2023

CMA investigating acquisition of ventilation manufacturer

The Competition and Markets Authority (CMA) is investigating the completed acquisition by Lindab International AB, whose UK base is in Northampton, of HAS-Vent Holdings Limited.

Staffordshire firm HAS-Vent is a manufacturer and distributor of ventilation products, and strengthens Lindab’s sales and production of ventilation products.

The CMA says it has “reasonable grounds for suspecting that it is or may be the case that Lindab Limited (Lindab UK), which is owned by Lindab International AB (Lindab), and HAS-Vent Holdings Limited (HAS-Vent) have ceased to be distinct.”

The CMA adds that it “is considering whether it is or may be the case that a relevant merger situation has been created and whether the creation of that situation has resulted or may be expected to result in a substantial lessening of competition in any market or markets in the United Kingdom.”

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