Acteon / Viking SeaTech merger inquiry

The CMA investigated and cleared the anticipated acquisition by Acteon Group Limited of Viking SeaTech rig-positioning and mooring businesses.

Statutory timetable

Phase 1 date Action
7 December 2017 Decision published
28 November 2017 Decision announced
18 October to 1 November 2017 Invitation to comment
18 October 2017 Launch of merger inquiry

Phase 1

CMA clearance decision

28 November 2017: The CMA has cleared the anticipated acquisition by Acteon Group Limited of Viking SeaTech rig-positioning and mooring businesses.The full text of the decision is available below.

Invitation to comment: Now closed

18 October 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.

Launch of merger inquiry

18 October 2017: The CMA announced the launch of its merger inquiry by notice to the parties.

Contact

Please send written representations about any competition or public interest to:

mergersupportteam@cma.gsi.gov.uk

Published 18 October 2017
Last updated 7 December 2017 + show all updates
  1. Full text of the decision published.

  2. Clearance decision announced.

  3. First published.