Cartamundi NV / Naipes Heraclio Fournier S.A. / United States Playing Card Company merger inquiry

The CMA investigated and cleared the anticipated acquisition by Cartamundi NV of Naipes Heraclio Fournier S.A. and the United States Playing Card Company.

Statutory timetable

Phase 1 date Action
17 January 2020 Decision published
6 December 2019 Decision announced
15 October 2019 to 28 October 2019 Invitation to comment
15 October 2019 Launch of merger inquiry

Phase 1

CMA clearance decision

6 December 2019: The CMA has cleared the acquisition by Cartamundi NV of Naipes Heraclio Fournier S.A. and the United States Playing Card Company, using the ‘de minimis’ exception.

Invitation to comment: closed 28 October 2019

15 October 2019: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

To assist it with this assessment, the CMA invites comments on the transaction from any interested party.

These comments should be provided by the deadline set out above.

Launch of merger inquiry

15 October 2019: The CMA announced the launch of its merger inquiry.

Contact

Please send written representations about any competition issues to:

[email protected]

Updates to this page

Published 15 October 2019
Last updated 17 January 2020 + show all updates
  1. Full text of the decision published.

  2. Clearance decision announced.

  3. First published.