GD First (UK) plc / Syltone plc

OFT closed case: Completed acquisition by GD First (UK) plc of Syltone plc.

• From: Competition and Markets Authority
• Published: 24 February 2004

• Case type: Mergers
• Case state: Closed
• Market sector: Transport
• Outcome: Mergers - phase 1 found not to qualify
• Closed: 24 February 2004

Affected market: Equipment for the transportation industry

No. ME/1593/04

On the basis of the information available to it, the Office of Fair Trading has decided that the completed acquisition of Syltone plc by GD First (UK) plc does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because 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.

 

Published 24 February 2004