Iconex LLC/ Hansol Denmark ApS and R+S Group GmbH

The CMA is investigating the anticipated acquisition by Iconex LLC of Hansol Denmark ApS and R+S Group GmbH.

Statutory timetable

Date Action
10 June 2019 Decision announced
10 April 2019 to 17 April 2019 Invitation to comment
9 April 2019 Launch of merger inquiry
13 March 2019 Withdrawal of CMA request to European Commission
27 February 2019 CMA request to European Commission

Phase 1

Reference unless undertakings accepted

10 June 2019: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger 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 the parties offer acceptable undertakings to address these competition concerns.The full text of the decision will be available shortly.

Launch of merger inquiry

9 April 2019: The CMA has announced the launch of its merger inquiry by notice to the parties.

Invitation to comment: closes 17 April

10 April 2019: 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. This transaction is also being investigated by the European Commission (COMP/M.9293).

CMA withdraws request to European Commission

13 March 2019: The CMA has withdrawn the request to the European Commission to investigate the anticipated acquisition by Iconex LLC of Hansol Denmark ApS and R+S Group GmbH.

CMA request to European Commission

27 February 2019: The CMA has asked the European Commission to investigate the anticipated acquisition by Iconex LLC of Hansol Denmark ApS and R+S Group GmbH.

Contact

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

Patricia Einfeldt
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

patricia.einfeldt@cma.gov.uk

Published 27 February 2019
Last updated 10 April 2019 + show all updates
  1. Commencement notice of the inquiry published and invitation to comment.
  2. Request to European Commission withdrawn.
  3. First published.