CMA confirms rendering merger referral
The CMA has referred the completed acquisition by Linergy Limited (Linergy) of Ulster Farm By-Products Limited for an in-depth phase 2 investigation.
Earlier this month, the Competition and Markets Authority (CMA) said that it would refer the merger for an in-depth investigation unless Linergy offered acceptable undertakings to address the CMA’s competition concerns regarding the processing of animal by-products from non-fallen stock and fallen stock in Northern Ireland.
After an initial decision identifying competition concerns, the acquirer has 5 working days in which to offer undertakings to address the CMA’s competition concerns in lieu of the reference. As Linergy has not offered undertakings in lieu, the CMA will therefore now refer the merger.
A decision on the merger will be made by a group of independent panel members supported by a case team of CMA staff. The deadline for the final report will be 11 January 2016.
All information relating to the investigation is available on the case page.