Regulatory Jul 2016 · United Kingdom
UK CMA clears Beijer Ref/HRP merger, finding no significant lessening of competition
The UK Competition and Markets Authority cleared the Beijer Ref/HRP merger, finding no significant lessening of competition; most customers responding had no concerns, though some competitors flagged increased buying power for the merged firm.
“Most customers who responded to the CMA’s investigation are said to have had no concerns regarding the merger. Seven of the 13 competitors who responded and a supplier noted that the merger would increase the buying power of the merged firm, increasing their ability to compete for customers.”
Entities
Beijer Ref · Acquirer HRP · Target
HVACRefrigeration
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