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.
- (8.5.17)
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.
- (16.3.17)
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.
- (10.3.17)
Launch of merger inquiry
22 February 2017: The CMA announced the launch of its merger inquiry by notice to the parties.
- (22.2.17)
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
Updates to this page
Last updated 8 May 2017 + show all updates
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Full text of the decision published.
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Clearance decision announced.
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Revocation order published.
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Initial enforcement order published.
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Launch of CMA merger inquiry.
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First published.