One51 Plastics Holdings Limited / Straight plc

The CMA investigated the anticipated acquisition by One51 Plastics Holdings Ltd of Straight plc.

Statutory timetable

Phase 1 Action
18 August 2014 Decision published
28 July 2014 Decision announced
02 June 2014 to 13 June 2014 Invitation to comment
02 June 2014 Launch of merger inquiry

Phase 1

CMA clearance decision

28 July 2014: The CMA has cleared the anticipated acquisition by One51 Plastics Holdings Limited of Straight plc. The full text of the decision is available below:

Invitation to comment: Now closed

2 June 2014: The Competition and Markets Authority is considering whether arrangements are in progress or in contemplation which, 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.

Launch of CMA merger inquiry

2 June 2014: The CMA announced the launch of its merger inquiry by notice to the parties. The parties are both active in the manufacture of plastic products, in particular waste and recycling containers.

Contact

Please send written representations about any competition or public interest issues to general.enquiries@cma.gov.uk.

Published 18 August 2014