Competition concern about circular ducting in Midlands

Aaron Morby 4 months ago
Share

The merger last year between duct suppliers Lindab and Birmingham-based HAS-Vent has raised competition concerns for commercial and industrial projects around Nottingham and Stoke-on-Trent.

An in-depth probe by the Competition and Markets Authority warns that in these areas the takeover of  Birmingham-based HAS-Vent by Swedish giant Landab could lead to reduced choice and higher prices in the construction, particularly for specialist installers of ventilation systems in those areas.

Lindab strengthened its sales and production of ventilation products in the UK by announcing the acquisition of the smaller HAS-Vent business in October last year.
At the time of the deal, HAS-Vent had 10 branches in the UK, some in locations where Lindab did not have operations.

Kirstin Baker, chair of the CMA independent inquiry group, said: “We’re concerned this would remove one of two main suppliers of circular ventilation ducts and fittings in the Nottingham and Stoke areas, risking installers of these systems paying over the odds and then having to pass these costs onto their own customers.

“Our findings are provisional, and we now welcome responses on our preliminary conclusions and the potential remedies in this case.”

In its more in-depth Phase 2 inquiry, CMA officials probed in more detail the impact of the deal on the supply of circular ducts and fittings in England and Wales.

It scrutinised a wide range of evidence, including the suppliers’ internal documents and evidence from installers of ventilation systems and other suppliers of circular ducts and fittings.

The CMA has given Lindab until 12 September to respond to the findings, including submitting any proposals for divesting businesses.

 

Latest news

Government commits to four new prisons in seven years

£2.3bn pledged for new prison build programme
19 mins ago

Bid rigging probe launched into school repair work

Firms raided this week with focus on roofing contracts
38 mins ago

Credit insurance saves Billington from ISG hit

Steel specialist puts on extra shifts at its plants to cope with demand
5 hours ago

M&E specialist Dodd doubles profit on retrofit surge

Family-owned Telford specialist delivers record revenue of nearly £250m
5 hours ago

Go-ahead for 800-home Croydon dual towers

One Lansdowne Road build to rent scheme to cost £260m to build
5 hours ago

Construction inflation set to return raising tender prices

End of 2024 to mark the bottom of present inflationary trough
5 hours ago

Start date for vast Balfour and Costain carbon capture power job

£4bn Teesside project to start construction next year creating 3,000 jobs
22 hours ago

Plans go in to start revamp of North Finchley town centre

Developer Regal unveils first details of Barnet masterplan
5 hours ago

Glencar bags £18m Big Yellow London store

Six-storey stoarage centre to be built at Staples Corner
4 hours ago

Plan unveiled for 31-storey London Fenchurch Street tower

Demolition work to start in 2026 for new office tower
1 day ago

Vinci Building buys tower cranes for first time

Contractor invests in two WOLFFKRAN all-electric cranes at £138m Sheffield site
1 day ago

30 local firms land United Utilities £500m framework

Minor works deal win for North West civils and M&E specialists
1 day ago

Restructure pays off as Higgins returns to profit

Housing contractor recovers from £25.9m loss last year
1 day ago

Former Heathrow boss joins Mace in board rejig

Firm completes string NED appointments to expanded group board
2 days ago

Planning officers to get powers to bypass committee stage for housing

Rayner reform plan to cut out local council planning committees
2 days ago

National Insurance hike to delay construction recovery

Arcadis paints varied picture with full recovery delayed until 2026
2 days ago

Gratte Bros rides out cost rises with profit increase

M&E specialist warns of further upward pressure on wage costs
2 days ago

Sellar’s 36-storey London City office tower approved

Demolition work to start in 2026 at 60 Gracechurch Street site
4 days ago

Roofers caught using phone lights to work at night

Roofing boss handed suspended prison sentence for lack of edge protection
2 days ago

£380m North West housing framework out for bid

St Helens-based Torus aims to build 9,000 homes by 2029
2 days ago

Historic property magazine to close

Estates Gazette has been in business since 1858
5 days ago

M&S Marble Arch rebuild approved after three-year planning fight

Plans were delayed when Michael Gove backed carbon campaigners
6 days ago

£191m revamp funding approved for London Barbican Centre

Construction to start in 2027 on five-year programme
6 days ago

RED Construction tops £100m turnover

Builder maintains profit margin at 1.7% as business nearly doubles in size
5 days ago

Timber designs shortlisted for roads ‘footbridge of the future’

Three of five designs for National Highways propose timber structures over busy highways
5 days ago

PM pledges to fast-track 150 infrastructure schemes

Fresh promise to speed up planning decisions on infrastructure and house building
6 days ago

Amey FM firm fined after legionella kills prisoner

Court fines company £600,000 for prison upkeep failures
5 days ago

Buyers report boom in commercial work

Construction bucks slowdown in general economy
6 days ago

Plans in for £250m Stockport 8 housing-led scheme

Work to start on phase 1 by the end of next year
6 days ago

Galliford Try tops monthly contracts league

Contract awards slow down in November
6 days ago

Contractor services