The Irish Competition Authority blocks merger in building materials sector (Kingspan / Xtratherm)

Irish Competition Authority (An tÚdarás Iomaíochta), 25 October 2006, Determination of Merger Notification M/06/039 - Kingspan/Xtratherm , Section 21 of the Competition Act 2002, Proposed acquisition by Kingspan Group plc of Leanort Group Introduction On 25 October 2006, the Irish Competition Authority announced its decision to block the proposed Euro87 million acquisition of Leanort Group by Kingspan Group plc on the grounds that the proposed transaction would substantially lessen competition in the manufacture and provision of insulation materials in Ireland. This is the second time since the coming into effect of the new provisions on merger control in 2003 that the Authority has blocked a merger. Background On 26 June 2006,

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Catriona Hatton, Satu-Anneli Kauranen, The Irish Competition Authority blocks merger in building materials sector (Kingspan / Xtratherm), 25 October 2006, e-Competitions Bulletin October 2006, Art. N° 12736

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