Tarmac Trading Limited / Breedon Group plc merger inquiry
The CMA has investigated and cleared the anticipated acquisition by Tarmac Trading Limited of certain assets of Breedon Group plc.
Statutory timetable
Phase 1 date | Action |
---|---|
15 June 2018 | Undertakings in lieu of reference accepted |
15 May 2018 | Decision published |
26 April 2018 | Decision announced |
27 February 2018 | Launch of merger inquiry |
27 February 2018 to 13 March 2018 | Invitation to comment |
Phase 1
Undertakings in lieu of reference accepted
15 June 2018: The CMA has accepted undertakings in lieu of reference for the anticipated acquisition by Tarmac Trading Limited of certain assets of Breedon Group PLC. A copy of the decision and the undertakings are available below.
- (25.6.18)
- (15.6.18)
Undertakings in lieu of reference consultation: now closed
25 May 2018: We are consulting on proposed undertakings in lieu of a reference for the anticipated acquisition by Tarmac Trading Limited of certain assets of Breedon Group PLC.
- (25.5.18)
- (25.5.18)
CMA to consider undertakings offered
10 May 2018: The CMA considers that there are reasonable grounds for believing that the undertakings offered by Tarmac Trading Limited, or a modified version of them, might be accepted by the CMA under the Enterprise Act 2002. The full text of the decision is available below.
- (25.5.18)
Reference unless undertakings accepted
26 April 2018: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. This merger will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns. The full text of the decision is available below.
- (15.5.18)
- News story: CMA finds competition concerns in construction merger (26.4.18)
Decision on Tarmac’s request for consent to reacquire 27 RMX plants from Breedon
26 April 2018: The CMA has decided to give its consent to Tarmac’s acquisition of certain assets of Breedon Group plc. The full text of the decision is available below.
- (15.5.18)
Consultation on Tarmac Trading Limited request for consent to reacquire 27 ready-mix concrete plants from Breedon Group plc: closes 19 March 2018
5 March 2018: Following a request by Tarmac Trading Limited under the Anglo American / Lafarge undertakings, the CMA is inviting comments from third parties on whether to give consent to Tarmac Trading Limited to re-acquire 27 ready-mix concrete plants from Breedon Group plc.
- (5.3.18)
Launch of merger inquiry
27 February 2018: The CMA announced the launch of its merger inquiry by notice to the parties.
- (27.2.18)
Invitation to comment: closed 13 March 2018
27 February 2018: 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:
Updates to this page
Last updated 25 June 2018 + show all updates
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Undertakings in lieu acceptance decision published.
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Final undertakings accepted and published.
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Undertakings in lieu of reference consultation launched.
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Full text decision published.
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Decision announced.
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Decision announced.
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Consultation notice published.
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The CMA announced the launch of its merger inquiry by notice to the parties.
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First published.