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OFT says Accraply acquisition of Turpins 'does not qualify' for investigation
date:Aug 31, 2012
The OFT decided that the completed deal does not qualify for investigation under mergers provisions, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.

The competition officials judged a relevant merger situation has not been created.

The OFT said on 12 June it would be studying the transaction that saw Minneapolis-based Accraply expand their shrink sleeve labeling operations with the takeover of England-based Turpins, six weeks after the compl

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