Lindab / HAS-Vent merger inquiry

The CMA is investigating the completed acquisition by Lindab International AB of HAS-Vent Holdings Limited.

• From: Competition and Markets Authority
• Published: 13 November 2023
• Last updated: 26 April 2024 — See all updates

• Case type: Mergers
• Case state: Open
• Market sector: Building and construction
• Opened: 13 November 2023

Statutory timetable

Phase 1	Action
26 April 2024	Phase 1 decision announced
28 February 2024 to 13 March 2024	Invitation to comment
28 February 2024	Launch of merger inquiry
10 November 2023	Initial enforcement order

Phase 1

Reference unless undertakings accepted

26 April 2024: 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 the parties offer acceptable undertakings to address these competition concerns. The full text of the decision will be published shortly.

• Summary of phase 1 decision (PDF, 137KB) (26.4.24)
• Press release: Ventilation deal could increase construction prices (26.4.24)

Launch of merger inquiry

28 February 2024: The CMA announced the launch of its merger inquiry by notice to the Parties.

• Commencement notice (PDF, 91KB) (28.2.24)

Invitation to comment: closed

28 February 2024: The CMA is considering whether it is or may be the case that this merger 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 has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

To assist it with this assessment, the CMA invites comments on the merger from any interested party.

These comments should be provided by the deadline set out above.

Initial enforcement order

10 November 2023: The Competition and Markets Authority (CMA) served an initial enforcement order under section 72(2) of the Enterprise Act 2002 in relation to the completed acquisition by Lindab International AB of HAS-Vent Holdings Limited.

• Initial enforcement order (PDF, 173KB) (13.11.23)

Amendments / consents granted

• Derogation 27 November 2023 (PDF, 136KB) (1.12.23)
• Derogation 6 December 2023 (PDF, 94KB) (16.1.24)
• Derogation 13 December 2023 (PDF, 117KB) (21.12.23)
• Derogation 5 January 2024 (PDF, 101KB) (16.1.24)

Contact

Please send written representations about any competition issues to:

• Wajahat Jilani: wajahat.jilani@cma.gov.uk

• Stephenie Lau: stephenie.lau@cma.gov.uk

Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please see our Privacy Notice.

Published 13 November 2023
Last updated 26 April 2024 + show all updates

1. 26 April 2024

   Phase 1 decision announced and summary document published.

2. 28 February 2024

   Launch of merger investigation.

3. 21 December 2023

   13 December derogation published.

4. 1 December 2023

   Derogation letter published

5. 13 November 2023

   First published.