Jurisdiction(s):
United Kingdom

Key definition

Acquisition definition

What does Acquisition mean? In VAT practice, an acquisition is the cross-border purchase or movement of goods between EU Member States where the goods are removed to another Member State and VAT is self-assessed in the destination by the acquirer (acquisition VAT). The term is defined in VAT legislation (UK: Value Added Tax Act 1994, as modified for Northern Ireland by the Windsor Framework/NI Protocol; Ireland: VAT Consolidation Act 2010) and also covers certain transactions treated as supplies of goods, such as a trader’s transfer of own goods across borders. Jurisdictional scope: In Ireland, intra-Community acquisitions apply in full. In the UK, the rules...

Epwin's non-notified acquisition of Latium, CET and Building Plastics: UK CC unconditional clearance; no SLC in PVC roofline/window trims after OFT referral

Published by a LexisNexis Competition expert

Practice notes

CASE HUB ARCHIVED –this archived case hub reflects the position at the date of the decision of 13 November 2012; it is no longer maintained. See further, timeline and commentary.

Case facts

Summary of a UK merger review into the completed purchase by Epwin Holdings Limited of Latium Building Products Holdings Limited, CET Glass Processors Holdings Limited and Building Plastics Holdings Limited.

Latest developments

The CC determined that the deal posed no competition concerns and did not bring about a significant lessening of competition. Consequently, the CC granted unconditional clearance.

Parties

Acquirer — Epwin Holdings Limited (Epwin).
Targets — Latium Building Products Holdings Limited (Latium); CET Glass Processors Holdings Limited (CET); Building Plastics Holdings Limited (Building Plastics).

Epwin was among the earliest UK producers of PVC window frames. Beyond PVC manufacturing, Epwin also operates 27 stockists. Before the deal, Epwin was owned by Mr Jim Rawson. Before the deal, Latium, CET and Building Plastics were all owned by Mr Brian Kennedy.

Background

Epwin completed the acquisitions of Latium, CET and Building Plastics on 16 January 2012...

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Web page updated on 21/05/2026

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