First Technology plc / MST Technology and EnviteC-Wismar GmbH Umweltschutz und Medizintechnik
OFT closed case: Completed acquisitions by First Technology plc of (1) MST Technology, and (2) 90% of the issued share capital of EnviteC-Wismar GmbH Umweltschutz und Medizintechnik.
Affected market: Sensor-based products
No. ME/1175/04
On the basis of the information available to it, the Office of Fair Trading has decided that the completed acquisitions of (1) MST Technology and (2) EnviteC-Wismar GmbH Umweltschutz und Medizintechnik by First Technology plc do not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because in both cases neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation has, therefore, not been created in either case.