Proposed acquisition of Impcross Ltd by Gardner Aerospace: undertakings accepted
Notice relating to proposed acquisition of Impcross Limited by Gardner Aerospace.
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The Secretary of State for Business, Energy and Industrial Strategy has accepted undertakings confirming that Gardner Aerospace, a Chinese owned aerospace firm, no longer intends to acquire Impcross Limited, a UK based engineering company.
By accepting the undertakings the public interest intervention has come to an end. The Pre-emptive Action Order preventing the parties taking any actions that might raise national security concerns also ceases to have effect.