Premier Direct Group plc / The Laughing Gull Company Ltd

OFT closed case: Completed acquisition by Premier Direct Group plc of The Laughing Gull Company Limited.

From:
Competition and Markets Authority
Published
13 April 2005
Case type:
Mergers
Case state:
Closed
Market sector:
Retail and wholesale
Outcome:
Mergers - phase 1 found not to qualify
Closed:
13 April 2005

Affected market: Retail sale of books, stationery, gifts and toys

No. ME/1558/05

On the basis of the information available to it, the Office of Fair Trading has decided that the completed acquisition of The Laughing Gull Company Limited by Premier Direct Group PLC does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation has, therefore, not been created.

Published 13 April 2005