Sonoco / Eviosys merger inquiry
The Competition and Markets Authority (CMA) has investigated the completed acquisition by Sonoco Products Company of the Eviosys group, from entities managed by KPS Capital Partners LP and Crown Holdings, Inc.
Statutory timetable
| Phase 1 | Action |
|---|---|
| 12 December 2024 | Decision announced |
| 24 October 2024 | Launch of merger inquiry |
| 24 October 2024 to 7 November 2024 | Invitation to comment |
Phase 1
CMA clearance decision
12 December 2024: The CMA has cleared the completed acquisition by Sonoco Products Company of the Eviosys group, from entities managed by KPS Capital Partners LP and Crown Holdings, Inc. The full text of the decision will be published shortly.
Launch of merger inquiry
24 October 2024: The CMA announced the launch of its merger inquiry by notice to the parties.
- (24.10.24)
Invitation to comment: closed 7 November 2024
The Competition and Markets Authority (CMA) is considering whether it 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.
- (24.10.24)
To assist it with this assessment, the CMA invites comments on the transaction from any interested party. Written representations about any competition issues should be provided by the deadline set out above.
Contact
Please send written representations about any competition or public interest to: [email protected].
Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please see our Privacy Notice.
Updates to this page
Published 24 October 2024Last updated 12 December 2024 + show all updates
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Decision not to refer to phase 2 announced
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First published.