Steven Eagell / Toyota Dealerships merger inquiry

The CMA investigated and cleared the completed acquisition by Steven Eagell Limited of 7 Toyota dealerships and 2 Lexus dealerships from Lancaster Motor Company.

Statutory timetable

Phase 1 date Action
16 August 2017 Decision published
24 July 2017 Decision announced
10 July 2017 Revocation of the initial enforcement order
12 to 26 June 2017 Invitation to comment
12 June 2017 Launch of merger inquiry
7 March 2017 Variation order
3 March 2017 Initial enforcement order

Phase 1

CMA clearance decision

24 July 2017: The CMA has cleared the completed acquisition by Steven Eagell Limited of 7 Toyota dealerships and 2 Lexus dealerships from Lancaster Motor Company. The full text of the decision is available below.

Revocation of initial enforcement order

11 July 2017: In view of the evidence available to the CMA at this stage, the CMA revoked the initial enforcement order on 10 July 2017.

Invitation to comment: now closed

12 June 2017: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted 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

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

Initial enforcement order

On 3 March 2017, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Steven Eagell Limited, in relation to the completed acquisition by Steven Eagell Limited of 7 Toyota and 2 Lexus dealerships and related assets from Lancaster Motor Company.

Amendments/consents granted

Contact

mergersupportteam@cma.gsi.gov.uk

Published 8 March 2017
Last updated 16 August 2017 + show all updates
  1. Full text of the decision published.
  2. Clearance decision announced.
  3. Revocation order published.
  4. Launch of merger inquiry and invitation to comment issued.
  5. Derogation published.
  6. First published.