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CMA launches inquiry into purchase of Zenith Hygiene Group by Bain Capital
The Competition & Markets Authority launched an inquiry yesterday, into the acquisition of Zenith Hygiene Group by Bain Capital, through Bain Capital's investment in Diversey.
The private equity group acquired Diversey in September and announced the acquisition of Zenith Hygiene - the Hertfordshire-based UK manufacturer of cleaning and hygiene chemicals and related products, in October. See:(bain_makes_offer_for_zenith_hygiene)
The CMA is considering the transaction with regard to the terms of the Enterprise Act 2002, whereby if the transaction goes ahead, it may result in a substantial lessening of competition within the UK market for goods or services.
Interested parties have been asked to submit representations by 7th February 2018 to the CMA's Faye Fullalove at:
25th January 2018