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UK competition law update: CMA refers Lindab/HAS-Vent to Phase 2; Pennon/SES fast-track UILs; CAT certifies high-voltage cables cartel opt-out CPO

Published on: 03 May 2024

Published by a LexisNexis Competition expert
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Mergers

Lindab/HAS-Vent merger referred to phase 2

The CMA has escalated to phase 2 the concluded purchase of HAS-Vent Holdings Limited (HAS-Vent) by Lindab International AB (Lindab), following Lindab’s decision not to submit proposed undertakings in lieu. Lindab is a ventilation business, based in Sweden and quoted on the Nasdaq Stockholm stock exchange. In the UK, its main operations are via Lindab UK and Ductmann Limited, both producing and supplying ventilation system goods such as ducts and fittings. Lindab runs 21 branches across England and Wales. Its UK presence focuses on the manufacture and distribution of ducts and fittings through these entities. HAS-Vent is a UK-based firm with its head office in Wombourne. It likewise manufactures and distributes ventilation system products, including ducts and fittings, within England and Wales, and has 10 branches in total. On 26 April 2024, the CMA stated the deal satisfied the threshold for a phase 2 reference. During phase 1, the CMA concluded the merger could be expected to lead to an SLC due to horizontal effects in the supply of ducts and fittings in England and Wales...

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