{"id":71375,"date":"2016-06-13T14:00:55","date_gmt":"2016-06-13T14:00:55","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=72e8e1379e6fa3e701252a4440ea15ac"},"modified":"2016-06-13T14:00:55","modified_gmt":"2016-06-13T14:00:55","slug":"press-release-abandonment-of-de-icing-merger","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=71375","title":{"rendered":"Press release: Abandonment of de-icing merger"},"content":{"rendered":"
\n

This follows Clariant and Kilfrost\u2019s decision to abandon the transaction. In its provisional findings last month<\/a>, the Competition and Markets Authority (CMA<\/abbr>) had indicated that it might block the merger. Clariant and Kilfrost are the 2 largest suppliers of aircraft de- and anti-icing fluids (ADF<\/abbr>) in the UK and the rest of the European Economic Area.<\/p>\n

The group of independent panel members investigating the merger had provisionally found that the merger could lead to higher prices for ADF<\/abbr> or a reduction in choice and quality, particularly in relation to security of supply – a key requirement for UK customers.<\/p>\n

As the CMA<\/abbr> has received assurances from the parties that the anticipated acquisition has now been abandoned, it has formally cancelled its merger investigation.<\/p>\n

ADF<\/abbr> is sprayed onto aeroplanes while on the ground in order to prepare them for take-off and flight in winter conditions. ADF<\/abbr> removes and protects against the formation of frost or ice and slush or snow.<\/p>\n

John Wotton, Inquiry Chair, said:<\/p>\n

\n

The decision to abandon will maintain competition in the market for these essential products. We were concerned that if the 2 largest suppliers in this market joined forces they would be able to raise prices. Not only that but with a lack of rivalry from existing or new suppliers, the merger would have deprived customers of an alternative secure source of supply.<\/p>\n<\/blockquote>\n

All information relating to the investigation is available on the CMA<\/abbr> case page<\/a>.<\/p>\n

Notes for editors<\/h3>\n
    \n
  1. The CMA<\/abbr> is the UK\u2019s primary competition and consumer authority. It is an independent non-ministerial government department with responsibility for carrying out investigations into mergers, markets and the regulated industries and enforcing competition and consumer law. For more information on the CMA<\/abbr> see our homepage<\/a> or follow us on Twitter @CMAgovuk<\/a>, Flickr<\/a> and LinkedIn<\/a>. Sign up to our email alerts<\/a> to receive updates on merger cases.<\/li>\n
  2. The merger was referred for a phase 2 investigation in February 2016<\/a>.<\/li>\n
  3. All the CMA<\/abbr>\u2019s functions in phase 2 merger inquiries are performed by inquiry groups chosen from the CMA<\/abbr>\u2019s panel members. The appointed inquiry group are the decision-makers on phase 2 inquiries.<\/li>\n
  4. The CMA<\/abbr>\u2019s panel members come from a variety of backgrounds, including economics, law, accountancy, business; the membership of an inquiry group usually reflects a mix of expertise and experience.<\/li>\n
  5. The members of the inquiry group are: John Wotton<\/a> (Chair), Jayne Scott<\/a>, Michael Hutchings<\/a> and Tim Tutton<\/a>.<\/li>\n
  6. Enquiries should be directed to Siobhan Allen (siobhan.allen@cma.gsi.gov.uk<\/a>, 020 3738 6460) or Rory Taylor (rory.taylor@cma.gsi.gov.uk<\/a>, 0203 738 6798).<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    The CMA has cancelled its merger investigation into Clariant\u2019s anticipated acquisition of Kilfrost\u2019s de-\/anti-icing fluids business.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/71375"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71375"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/71375\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}