The Competition and Markets Authority (CMA) is investigating the proposed takeover by Hanson UK of construction and demolition waste recycler Mick George Group.
The materials giant announced the proposed acquisition in December 2022, subject to competition authority approval.
Hanson said the merger will bolster its circular materials capacity and complement the firm’s existing aggregates and ready-mixed concrete arm.
At the time, Mick George Group had an annual turnover of around £220 million and some 1,000 staff operating in East Anglia and the East Midlands.
Mick George services
- Bulk excavation and earthmoving
- Demolition
- Environmentally sensitive waste removal
- Waste management services
- Aggregates and concrete supply
Mick George assets
- Four recycling facilities
- Eight waste transfer stations
- 11 aggregates quarries
- 10 ready-mixed concrete plants
The CMA said it 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”.
The competition watchdog is now inviting comments on the transaction from any interested parties by 17 August 2023.
Firms can write to:
Rob Fitzgerald-Crisp: Rob.Fitzgerald-Crisp@cma.gov.uk
Rhiannon Jackson: Rhiannon.Jackson@cma.gov.uk
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