Topps Tiles / CTD Tiles (certain assets) merger inquiry
The CMA is investigating the completed acquisition by Topps Tiles Plc of certain assets of Tildist Realisations Limited (formerly CTD Tiles Limited).
Statutory timetable
| Date | Action |
|---|---|
| TBC | Deadline for phase 1 decision (*) |
| TBC | Invitation to comment |
| TBC | Launch of merger inquiry (**) |
| 3 October 2024 | Initial enforcement order |
(*) This date is the current statutory deadline by when the decision will be announced. If any change occurs, the information is refreshed as soon as practicable. However, the CMA cannot guarantee that the decision will be announced on or before this current deadline, as the deadline of a given case may change during the merger assessment process due to different reasons.
(**) The CMA has decided to investigate this transaction and has made an initial enforcement order. This case page will be updated when the CMA formally commences its phase 1 investigation.
Phase 1
Directions to appoint a monitoring trustee
17 October 2024: Pursuant to an initial enforcement order dated 3 October 2024, the CMA directed Topps Tiles Plc and Tiles4Less Limited to appoint a monitoring trustee.
- (31.10.24)
Directions to appoint a hold separate manager
17 October 2024: Pursuant to an initial enforcement order dated 3 October 2024, the CMA directed Topps Tiles Plc and Tiles4Less Limited to appoint a hold separate manager.
- (31.10.24)
Initial enforcement order
3 October 2024: The Competition and Markets Authority has served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Topps Tiles Plc and Tiles4Less Limited.
- (7.10.24)
Amendments / consents granted
- (7.10.24)
Contact
Please send written representations about any competition or public interest to:
Updates to this page
Last updated 31 October 2024 + show all updates
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Directions to appoint a monitoring trustee and a hold separate manager published.
-
Initial enforcement order and derogation letter published.
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First published.