Andrew Page takeover to face further investigation by competition watchdog
The acquisition of automotive parts and garage equipment supplier Andrew Page by the US owner of Euro Car Parts is to face further investigation.
Andrew Page was bought in a pre-pack deal by LKQ Corporation in October 2016, a move which safeguarded the future of the company's 2,000-strong workforce.
Following an initial investigation in March, the Competition and Markets Authority (CMA) asked Euro Car Parts to address competition concerns because it found the two business competed closely with eachother.
The CMA said that the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
