Iron Mountain / Recall merger inquiry

The CMA investigated the anticipated acquisition by Iron Mountain Incorporated of Recall Holdings Limited.

Administrative timetable

Date of referral: 14.1.16

Statutory deadline: 29.6.16

Full administrative timetable

Phase 2

Contact

[email protected]

CMA approves sale of C21 Data Services Limited

13 December 2016: On 8 December 2016, the CMA approved the sale by Iron Mountain Incorporated of the entire share capital of C21 Data Services Limited to Offsite Archive Storage & Integrated Services (IRELAND) Ltd.

Remedy group appointed

9 September 2016: The remedy group has been appointed following the CMA’s acceptance of final undertakings from Iron Mountain.

Anne Lambert (Chair), Robin Aaronson, Lesley Ainsworth and Graham Sharp.

Final undertakings

7 September 2016: The CMA has accepted final undertakings from Iron Mountain to remedy the substantial lessening of competition identified in the final report.

Notice of proposal to accept final undertakings

10 August 2016: The CMA gives notice of the proposal to accept final undertakings and is inviting comments by 25 August 2016.

Undertakings

Final report

Responses to provisional findings

Responses to notice of possible remedies

Provisional findings

4 May 2016: The CMA has provisionally found that Iron Mountain’s anticipated acquisition of Recall could lead to a substantial lessening of competition.

Evidence

The publication of the evidence of any party on the CMA’s webpages does not indicate in any way endorsement by the CMA of the views expressed in the evidence or acceptance of that evidence. Publication in this way is designed to assist public understanding of the issues.

Hearing summaries

As part of its evidence-gathering process, the CMA is holding hearings with a range of industry customers and interested parties.

Initial submissions

The CMA’s merger inquiry is independent and welcomes submissions from all interested parties.

Issues statement

3 February 2016: The issues statement sets out the scope of the investigation. It outlines initial theories on what might be adversely affecting competition, but it does not set out findings or conclusions.

Inquiry group appointed

1 February 2016: The CMA has appointed the inquiry group: Anne Lambert (Chair), Robin Aaronson, Lesley Ainsworth and Graham Sharp.

Terms of reference

14 January 2016: The CMA has referred the anticipated acquisition by Iron Mountain Incorporated of Recall Holdings Limited.

Phase 1

Phase 1 date Action
5 February 2016 Decision published
30 December 2015 Decision announced
2 November to 13 November 2015 Invitation to comment
2 November 2015 Launch of merger inquiry

Reference decision

Reference unless undertakings accepted

Launch of merger inquiry

2 November 2015: The CMA announced the launch of its merger inquiry by notice to the parties.

Updates to this page

Published 19 February 2016
Last updated 13 December 2016 + show all updates
  1. Approval letter for sale of C21 Data Services Limited published.

  2. Remedy group appointments added.

  3. Final undertakings published.

  4. Notice of proposal to accept undertakings and draft final undertakings published.

  5. Notices of acceptance of interim undertakings published.

  6. Final report published.

  7. Consent notice and responses to provisional findings and notice of possible remedies published.

  8. Full provisional findings report and notice of possible remedies published.

  9. Hearing summaries published.

  10. Acceptance of interim undertakings notices and consent notice published.

  11. Hearing summaries published.

  12. Initial submissions published.