The UK Competition Commission provisionally clears acquisition in the commercial vehicles tail lifts spare parts business (Ratcliff Palfinger / Ross&Bonnyman)

Introduction and background Ratcliff Palfinger (Ratcliff) manufactures and supplies tail lifts for commercial vehicles, passenger vehicles and trains. Ross & Bonnyman (R&B) manufactures and supplies tail lifts for commercial vehicles, ambulances and mezzanine and yard lifts. Both parties also manufacture and supply spare parts to repair and maintain their tail lifts. On 5 November 2010, Ratcliff and R&B entered into an asset purchase agreement under which Ratcliff was to acquire the business assets required to supply spare parts for commercial vehicle tail lifts manufactured by R&B (the spare parts business). Prior to entering into the asset purchase agreement, there had been a letter of intent, under which R&B agreed not to compete with Ratcliff in the

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Kyriakos Fountoukakos, The UK Competition Commission provisionally clears acquisition in the commercial vehicles tail lifts spare parts business (Ratcliff Palfinger / Ross&Bonnyman), 18 May 2011, e-Competitions Bulletin Automobile, Art. N° 36670

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