DCCA Clears The Way For Ahlsell-Sanist'l Merger Despite Significant Overlaps
Published date | 10 March 2023 |
Subject Matter | orporate/Commercial Law, Antitrust/Competition Law, M&A/Private Equity, Corporate and Company Law, Antitrust, EU Competition |
Law Firm | Bird & Bird |
Author | Mr Alexander Br'chner, Nanna Krabbe and Morten Nissen |
The Danish Competition and Consumer Authority ("DCCA") has approved the acquisition by Ahlsell Danmark ApS ("Ahsell") of Sanist'l A/S ("Sanist'l"), which both operate in the Danish metal industry as well as in related retail markets.
The merger was originally notified to the European Commission as the turnover exceeded the EU turnover threshold. Nonetheless, the European Commission referred the merger back to the DCCA. As the parties had significant overlaps in several markets, especially in those of (i) retail sale of installation articles, tools and building materials to professional customers (ii) wholesale sale of articles for heating, ventilation and air conditioning, the DCCA conducted a thorough analyses of the potential effects on competition of the merger.
Following its analyses, the DCCA concluded that the acquisition should be cleared, as:
- Ahlsell and Sanist'l have different business and customer...
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