Novomatic / Talarius merger inquiry

The CMA is investigating the completed acquisition by Novo Invest GmbH acting through Novomatic UK Ltd of Talarius Limited.

Statutory timetable

Phase 1 date Action
8 November 2016 Decision published
28 October 2016 Decision announced
5 September 2016 Launch of merger inquiry
5 September to 16 September 2016 Invitation to comment
8 August 2016 Initial enforcement order

Phase 1

Undertakings in lieu of reference consultation: closes 20 December 2016

5 December 2016: We are consulting on proposed undertakings in lieu (UIL) of a reference for the completed acquisition by Novo Invest GmbH acting through Novomatic UK Ltd of Talarius Limited.

CMA to consider undertakings offered

10 November 2016: The CMA considers that there are reasonable grounds for believing that the undertakings offered by Novomatic UK Ltd, 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

28 October 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.

Launch of merger inquiry

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

Invitation to comment: Now closed

5 September 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.

Initial enforcement order

On 8 August 2016, the CMA served an initial enforcement order under section 72 (2) of the Enterprise Act 2002 on Novo Invest GmbH and Novomatic UK Ltd, in relation to the completed acquisition by Novo Invest GmbH acting through Novomatic UK Ltd of Talarius Limited.

Amendments/consents granted:

Contact

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

Carole Bowley
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

carole.bowley@cma.gsi.gov.uk

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