Hanson Quarry–Mick George Ltd. deal could lead to concentration in construction materials supply market: UK CMA

The Competition & Markets Authority in UK, has provisionally found that the Hanson Quarry Products’ (Hanson) acquisition of Mick George Limited (MGL) raises competition concerns in the market for supply of non-specialist aggregates or ready-mix concrete in East of England & East Midlands. Hanson & MGL are the leading construction material suppliers in the whole of UK & in the East of England and East Midlands, respectively, leading to a likelihood that the acquisition is likely to result in reduction in choice, higher prices & lower quality products for the contractors.