Stanley Black & Decker / Newell Brands merger inquiry

The CMA investigated and cleared the completed acquisition by Stanley Black & Decker, Inc. of the power tool accessories and hand tools and storage business of Newell Brands, Inc.

Statutory timetable

Phase 1 date Action
8 May 2017 Decision published
11 April 2017 Decision announced
10 March 2017 Initial enforcement order
22 February 2017 Launch of merger inquiry
15 February to 1 March 2017 Invitation to comment

Phase 1

CMA clearance decision

11 April 2017: The CMA has cleared the completed acquisition by Stanley Black & Decker, Inc. of the power tool accessories and hand tools and storage business of Newell Brands, Inc. The full text of the decision is available below.

Revocation of initial enforcement order

16 March 2017: In view of the evidence available to the CMA at this stage, the CMA revoked the initial enforcement order.

Initial enforcement order

10 March 2017: The CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Stanley Black & Decker, Inc., Stanley Works Limited (THE) and Stanley Black & Decker UK Limited in relation to the completed acquisition by Stanley Black & Decker, Inc. of the assets of Newell Brands, Inc. business.

Launch of merger inquiry

22 February 2017: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: Now closed

15 February 2017: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Contact

Please send written representations about any competition or public interest to:

Karina Kucaidze
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

karina.kucaidze@cma.gsi.gov.uk

Updates to this page

Published 15 February 2017
Last updated 8 May 2017 + show all updates
  1. Full text of the decision published.

  2. Clearance decision announced.

  3. Revocation order published.

  4. Initial enforcement order published.

  5. Launch of CMA merger inquiry.

  6. First published.