The UK Competition Authority accepts proposed remedies to address concerns of a merger between two foam manufacturers (Carpenter / Reticel)

Competition Authority, UK

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16 Nov 2022

The UK Competition Authority accepts proposed remedies to address concerns of a merger between two foam manufacturers (Carpenter / Reticel)

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Reference

UK Competition Authority, Carpenter / Reticel, Press release, 16 November 2022

CMA accepts remedy to address concerns in foam merger* The CMA has accepted a remedy from Carpenter and Recticel following concerns that Carpenter’s merger with Recticel could harm manufacturers and lead to a worse deal for shoppers on items like mattresses and kitchen sponges. US-based Carpenter agreed to buy Belgian firm Recticel’s global engineered foams business in a €656 million (Euros) deal announced in 2021. The firms both supply engineered

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UK Competition Authority
United Kingdom’s Competition Authority (CMA) (London)

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UK Competition Authority, The UK Competition Authority accepts proposed remedies to address concerns of a merger between two foam manufacturers (Carpenter / Reticel), 16 November 2022, e-Competitions November 2022, Art. N° 109668

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