Dover Corporation / Wayne Fueling Systems Ltd merger inquiry
- Competition and Markets Authority
- 12 August 2016
- Last updated:
- 18 January 2017, see all updates
- 12 August 2016
- 18 January 2017
- Case type:
- Case state:
- Market sector:
- Distribution and service industries
- Mergers - phase 1 clearance with undertakings in lieu
The CMA investigated the anticipated acquisition by Dover Corporation of Wayne Fueling Systems Ltd.
|Phase 1 date||Action|
|19 December 2016||Undertakings in lieu of reference accepted|
|13 December 2016||Initial enforcement order|
|24 October 2016||Decision published|
|10 October 2016||Decision announced|
|12 to 26 August 2016||Invitation to comment|
|12 August 2016||Launch of merger inquiry|
Undertakings in lieu of reference accepted
19 December 2016: The CMA has accepted undertakings in lieu of reference for the completed acquisition by Dover Corporation of Wayne Fueling Systems Ltd. A copy of the undertakings and the decision are available below.
- UIL acceptance decision (18.1.17)
- Dover final undertakings (19.12.16)
- News story: CMA accepts remedies in fuel pumps merger (19.12.16)
Initial enforcement order
13 December 2016: The CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Dover Corporation in relation to the completed acquisition by Dover Corporation of Wayne Fueling Systems Ltd.
- Initial enforcement order (13.12.16)
- Derogation 9 December 2016 (13.12.16)
Undertaking in lieu of reference consultation: Now closed
29 November 2016: We are consulting on proposed undertakings in lieu (UIL) of a reference for the anticipated acquisition by Dover Corporation of Wayne Fueling Systems Ltd.
- Notice of consultation (29.11.16)
- Proposed undertakings (29.11.16)
- News story: CMA consults on fuel pumps merger remedy offer (29.11.16)
CMA to consider undertakings offered
24 October 2016: The CMA considers that there are reasonable grounds for believing that the undertakings offered by the parties, or a modified version of them, might be accepted by the CMA under the Enterprise Act 2002. A copy of the decision is available below.
News story: CMA to consider fuel pumps merger remedy offer (24.10.16)
Reference unless undertakings accepted
10 October 2016: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger has resulted or 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 Dover offers acceptable undertakings to address these competition concerns. The full text of the decision is available below.
- Full text decision (24.10.16)
- Press release: Merger of fuel pump providers could face in-depth investigation (10.10.16)
Launch of merger inquiry
12 August 2016: The CMA announced the launch of its merger inquiry by notice to the parties.
- Commencement of initial period notice (12.8.16)
Invitation to comment: Now closed
12 August 2016: 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.
Published: 12 August 2016
Updated: 18 January 2017
Opened: 12 August 2016
Closed: 18 January 2017
- Undertakings in lieu acceptance decision published.
- Undertakings in lieu of reference accepted.
- Initial enforcement order and derogation published.
- Undertaking in lieu of reference consultation launched.
- Decision that undertakings might be accepted added.
- CMA to consider undertakings announcement added and full text of the decision published.
- Decision announced: reference unless undertakings accepted.
- First published.
Case type: Mergers
Case state: Closed
Market sector: Distribution and service industries