The UK’s Competition and Markets Authority (CMA) has launched an inquiry into the proposed joint venture between Carlsberg UK and Marston’s over concerns of lessening competition.
The initial merger was announced back in May with a proposed deal to form a 60:40 joint venture in the UK called Carlsberg Marston’s Brewing Company. It will see both companies inject their brewing and distribution assets into the new beer company, which will have a combined value of £780 million.
A phase 1 investigation has been launched into the merger as the competition body will consider whether the deal constitutes a relevant merger situation under the provision of the Enterprise Act 2002.
The CMA will be looking into whether the merger will result in a “substantial lessening of competition within any market or markets in the UK for goods or services”.
Comments from any interested party are invited by the CMA and should be provided by 2 September.
© FoodBev Media Ltd 2021
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry.
Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial