The CC has cleared the merger of two businesses that supply tail lifts, which are used to transfer goods in and out of commercial vehicles.
Ratcliff Palfinger Limited has been given the go-ahead to acquire the tail lift spare parts business of Ross & Bonnyman Limited. The companies are the market leader and nearest competitor respectively.
The CC first examined whether Ross & Bonnyman's decision to close its tail lift business was linked to an agreement to sell its spare parts division. Having concluded that there was no link, and that Ross & Bonnyman had decided to exit tail lift manufacturing some time before entering into discussions with Ratcliff Palfinger, the CC focussed on whether the acquisition would affect competition in the spare parts market. The CC concluded that the merger did not have a significant effect because competition between suppliers of spare parts for different makes of tail lifts was already extremely limited.