An in-depth probe by the Competitors and Markets Authority warns that in these areas the takeover of Birmingham-based HAS-Vent by Swedish big Landab might result in diminished alternative and better costs within the development, significantly for specialist installers of air flow methods in these areas.
Lindab strengthened its gross sales and manufacturing of air flow merchandise within the UK by saying the acquisition of the smaller HAS-Vent enterprise in October final 12 months.
On the time of the deal, HAS-Vent had 10 branches within the UK, some in places the place Lindab didn’t have operations.
Kirstin Baker, chair of the CMA unbiased inquiry group, stated: “We’re involved this may take away one among two foremost suppliers of round air flow ducts and fittings within the Nottingham and Stoke areas, risking installers of those methods paying over the chances after which having to cross these prices onto their very own prospects.
“Our findings are provisional, and we now welcome responses on our preliminary conclusions and the potential treatments on this case.”
In its extra in-depth Part 2 inquiry, CMA officers probed in additional element the influence of the deal on the availability of round ducts and fittings in England and Wales.
It scrutinised a variety of proof, together with the suppliers’ inner paperwork and proof from installers of air flow methods and different suppliers of round ducts and fittings.
The CMA has given Lindab till 12 September to reply to the findings, together with submitting any proposals for divesting companies.
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