Menzies Aviation / ASIG merger inquiry

The CMA is investigating the completed acquisition by Menzies Aviation plc and Menzies Aviation Inc. of ASIG Holdings Limited and ASIG Holdings Corp. from BBA Aviation plc.

Statutory timetable

Phase 1 date Action
3 March 2017 Decision published
1 February 2017 Initial enforcement order
15 December 2016 Decision announced
25 October to 8 November 2016 Invitation to comment
25 October 2016 Launch of merger inquiry

Phase 1

Undertakings in lieu of reference consultation: closes 24 March 2017

9 March 2017: We are consulting on proposed undertakings in lieu (UIL) of a reference for the completed acquisition by Menzies Aviation plc and Menzies Aviation Inc. of ASIG Holdings Limited and ASIG Holdings Corp.

Extension of consideration of undertakings in lieu

24 February 2017: The CMA has extended the consideration of UILs until 27 April 2017.

Initial enforcement order

On 1 February 2017, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 in relation to the anticipated acquisition by Menzies Aviation plc and Menzies Aviation Inc. of ASIG Holdings Limited and ASIG Holdings Corp.

Amendments/consents granted

CMA to consider undertakings offered

3 January 2017: The CMA considers that there are reasonable grounds for believing that the undertakings offered by Menzies Aviation plc and Menzies Aviation Inc., 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.

Reference unless undertakings accepted

15 December 2016: 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 is available below.

Invitation to comment: Now closed

25 October 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.

Launch of merger inquiry

25 October 2016: The CMA announced the launch of its merger inquiry by notice to the parties.

Contact

Please send written representations about any competition issues to:

John McKellar
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

john.mckellar@cma.gsi.gov.uk

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