Ventilation deal could increase construction prices

News Competition English Sanctions & Fines

Date: 26th Apr, 2024 Source: Competition and Markets Authority Country: United Kingdom Original Source

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Summary:

The document provides an overview of Lindab, a ventilation company headquartered in Stockholm, listed on the Nasdaq exchange. The company is primarily active in Sweden and has a subsidiary, Lindab UK, which focuses on manufacturing and distributing ventilation system products, including ducts and fittings.

Following an initial Phase 1 investigation, the Competition and Markets Authority (CMA) has found that Lindab International AB’s (Lindab) purchase of HAS-Vent Holdings Limited (HAS-Vent) raises competition concerns in relation to the supply of circular ducts and fittings in England and Wales. Lindab is a ventilation company primarily active in the UK through subsidiaries Lindab

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Ventilation deal could increase construction prices

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Ventilation deal could increase construction prices

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