Washroom suppliers바카라 사이트™ merger faces in-depth investigation
The CMA has referred Rentokil Initial바카라 사이트™s purchase of Cannon Hygiene for an in-depth investigation after finding competition concerns.
Today바카라 사이트™s decision follows the Competition and Markets Authority바카라 사이트™s (CMA) initial Phase 1 investigation, which found that the deal could lead to higher prices and lower quality for businesses.
Rentokil, which trades as Initial for washroom services, and Cannon are 2 of the UK바카라 사이트™s largest suppliers of washroom products and services. They install and maintain equipment such as air sanitisers, feminine hygiene units, nappy bins and soap dispensers in commercial, industrial and public buildings.
The firms did not offer measures to address the CMA바카라 사이트™s concerns, and so it has referred the merger for a more in-depth, Phase 2 investigation.
A decision on the merger will now be made by a group of independent panel members supported by a case team of CMA staff. The deadline for the final report is 12 December 2018.
More information can be found on the Rentokil / Cannon case page.