29 March 2018: The CMA has accepted undertakings in lieu of reference for the acquisition by Refresco Group NV of the traditional beverages business of Cott Corporation Inc. A copy of the undertakings and the decision is available below.
31 January 2018: The CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Refresco Group N.V. and Refresco Beverages Ltd in relation to the completed acquisition by Refresco Group N.V. of the traditional beverages business of Cott Corporation Inc
17 January 2018: 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.
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.
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.