Stanley Black & Decker / Newell Brands merger inquiry

The CMA investigated and cleared the completed acquisition by Stanley Black & Decker, Inc. of the power tool accessories and hand tools and storage business of Newell Brands, Inc.

• From: Competition and Markets Authority
• Published: 15 February 2017
• Last updated: 8 May 2017 — See all updates

• Case type: Mergers
• Case state: Closed
• Market sector: Retail and wholesale
• Outcome: Mergers - phase 1 clearance
• Opened: 15 February 2017
• Closed: 8 May 2017

Statutory timetable

Phase 1 date	Action
8 May 2017	Decision published
11 April 2017	Decision announced
10 March 2017	Initial enforcement order
22 February 2017	Launch of merger inquiry
15 February to 1 March 2017	Invitation to comment

Phase 1

CMA clearance decision

11 April 2017: The CMA has cleared the completed acquisition by Stanley Black & Decker, Inc. of the power tool accessories and hand tools and storage business of Newell Brands, Inc. The full text of the decision is available below.

• Full text decision (8.5.17)

Revocation of initial enforcement order

16 March 2017: In view of the evidence available to the CMA at this stage, the CMA revoked the initial enforcement order.

• Revocation order (16.3.17)

Initial enforcement order

10 March 2017: The CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Stanley Black & Decker, Inc., Stanley Works Limited (THE) and Stanley Black & Decker UK Limited in relation to the completed acquisition by Stanley Black & Decker, Inc. of the assets of Newell Brands, Inc. business.

• Initial enforcement order (10.3.17)

Launch of merger inquiry

22 February 2017: The CMA announced the launch of its merger inquiry by notice to the parties.

• Commencement of initial period of notice (22.2.17)

Invitation to comment: Now closed

15 February 2017: 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.

Contact

Please send written representations about any competition or public interest to:

Karina Kucaidze
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

[email protected]

Published 15 February 2017
Last updated 8 May 2017 + show all updates

1. 8 May 2017

   Full text of the decision published.

2. 11 April 2017

   Clearance decision announced.

3. 16 March 2017

   Revocation order published.

4. 10 March 2017

   Initial enforcement order published.

5. 22 February 2017

   Launch of CMA merger inquiry.

6. 15 February 2017

   First published.