Castle Water Holdings / Invicta Water Limited

The CMA investigated and cleared the completed acquisition by Castle Water Holdings Limited of Invicta Water Limited.

• From: Competition and Markets Authority
• Published: 2 July 2018
• Last updated: 24 October 2018 — See all updates

• Case type: Mergers
• Case state: Closed
• Market sector: Utilities
• Outcome: Mergers - phase 1 clearance
• Opened: 29 June 2018
• Closed: 24 October 2018

Statutory timetable

Phase 1 date	Action
24 October 2018	Decision published
12 September 2018	Decision announced
25 July to 8 August 2018	Invitation to comment
24 July 2018	Launch of merger inquiry
2 July 2018	Initial enforcement order

Phase 1

CMA clearance decision

12 September 2018: The CMA has cleared the completed acquisition by Castle Water Holdings Limited of Invicta Water Limited.

• Full text decision (24.10.18)

Revocation of initial enforcement order

20 August 2018: In view of the evidence available to the CMA at this stage, the CMA revoked the initial enforcement order on 20 August 2018.

• Revocation order (21.8.18)

Invitation to comment: now closed

25 July 2018: The CMA is considering whether it is or may be the case that this transaction has resulted 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 has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Launch of CMA merger inquiry

24 July 2018: The CMA announced the launch of its merger inquiry by notice to the parties.

• Commencement of initial period notice (24.7.18)

Initial enforcement order

On 2 July 2018, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Castle Water Holdings Limited and Castle Water Limited, in relation to the completed acquisition by Castle Water Holdings Limited of Invicta Water Limited.

• Initial enforcement order (2.7.18)

Amendments/consents granted:

• Derogation 4 July 2018 (3.8.18)
• Derogation 29 June 2018 (3.8.18)

Contact

Please send written representations about any competition issues to:

[email protected]

Published 2 July 2018
Last updated 24 October 2018 + show all updates

1. 24 October 2018

   Full text decision published.

2. 12 September 2018

   Clearance decision announced.

3. 21 August 2018

   Revocation of initial enforcement order published.

4. 3 August 2018

   Derogations published.

5. 24 July 2018

   Launch of merger inquiry.

6. 2 July 2018

   First published.