The CMA investigated and cleared the completed acquisition by Element Materials Technology Group Limited of Exova Group Plc.
|Phase 1 date||Action|
|14 September 2017||Decision published|
|1 September 2017||Decision announced|
|14 August 2017||Revocation of initial enforcement order|
|13 to 27 July 2017||Invitation to comment|
|13 July 2017||Launch of merger inquiry|
|29 June 2017||Initial enforcement order|
CMA clearance decision
1 September 2017: The CMA has cleared the completed acquisition by Element Materials Technology Group Limited of Exova Group Plc. The full text of the decision is available below.
- Full text decision (14.9.17)
Revocation of initial enforcement order
14 August 2017: In view of the evidence available to the CMA at this stage, the CMA has revoked the initial enforcement order.
- Revocation order (14.8.17)
Invitation to comment: now closed
13 July 2017: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted 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
13 July 2017: The CMA announced the launch of its merger inquiry by notice to the parties.
- Commencement of initial period notice (13.7.17)
Initial enforcement order
On 29 June 2017, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Element Materials Technology Group Limited, in relation to the completed acquisition by Element Materials Technology Group Limited of Exova Group Plc.
- Initial enforcement order (30.6.17)
- Derogation 5 July 2017 (5.7.17)
Published: 30 June 2017
Updated: 14 September 2017
Opened: 30 June 2017
Closed: 14 September 2017
- Full text of the decision published.
- Clearance decision announced.
- Revocation order published.
- Launch of CMA merger inquiry and invitation to comment issued.
- Derogation published.
- First published.