Yokohama’s acquisition of Trelleborg Wheels Systems investigated by UK regulators

London, England – England’s Competition and Markets Authority (CMA) announced an inquiry into to Yokohama Rubber Co., Ltd / Trelleborg Wheels Systems Holding AB merger on January 31st.

In a press release the CMA gave notice pursuant to section 96(2A) of the Act that the merger notice provided by Yokohama Rubber Co., Ltd and/or Trelleborg Wheels Systems in relation to anticipated acquisition by Yokohama Rubber Co., Ltd of Trelleborg Wheel Systems Holding AB (the Merger) meets the requirements of section 96(2) of the Act.
The initial period defined in section 34ZA(3) of the Act in relation to the Merger will therefore commence on the first working day after the date of this notice, i.e., on 1 February 2023. The deadline for the CMA to announce its decision whether to refer the Merger for a Phase 2 investigation is therefore 28 March 2023.