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The CMA has found that Sonoco Products Company’s acquisition of Weidenhammer Packaging Group GmbH gives rise to a realistic prospect of a substantial lessening of competition and will be referred for an in-depth phase 2 investigation unless acceptable undertakings are offered. Sonoco and Weidenhammer both manufacture and supply composite cans for food products and the CMA found that the merged company will be the largest manufacturer and supplier of this type of can in the UK. Click here.
The CMA has referred Reckitt Benckiser’s anticipated acquisition of the K-Y brand for an in-depth phase 2 investigation. In December the CMA announced that it would refer the merger for a full investigation unless the parties offered acceptable undertakings to address the CMA’s competition concerns around the supply of personal lubricants to grocery retailers and national retail pharmacy chains in the UK. Although Reckitt Benckiser offered undertaking, the CMA was not confident that these would resolve the concerns in a clear-cut manner. Click here.
For more information please contact Paul Stone.