Refresco / Cott merger inquiry

The CMA is investigating the anticipated acquisition by Refresco Group N.V. of the traditional non-alcoholic beverage business of Cott Corporation Inc.

Statutory timetable

Phase 1 date Action
3 January 2018 Decision announced
30 October to 13 November 2017 Invitation to comment
27 October 2017 Launch of merger inquiry

Phase 1

CMA to consider undertakings offered

The CMA considers that there are reasonable grounds for believing that the undertakings offered by Refresco, or a modified version of them, might be accepted by the CMA under the Enterprise Act 2002. The full text of the decision will be available shortly.

Reference unless undertakings accepted

3 January 2018: 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 will be available shortly.

Notice of extension of the preliminary assessment period

Invitation to comment: closes 13 November 2017

30 October 2017: 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

27 October 2017: The CMA announced the launch of its merger inquiry by notice to the parties.

Contact

Please send written representations about any competition issues to:

Nick Wright
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

Nick.Wright@cma.gsi.gov.uk

Published 30 October 2017
Last updated 17 January 2018 + full page history
  1. CMA to consider undertakings offered.
  2. Decision announced: Reference unless undertakings accepted.
  3. Notice of termination of extension published.
  4. Notice of extension published.
  5. First published.