News, 5 May 2011
The FCA today decided to commence stage II proceedings in a deal whereby NCC Roads Oy acquires the asphalt paving business of Destia Oy and Destia Kalusto Oy. Both parties manufacture asphalt and create asphalt concrete pavings e.g. for the state Centres for Economic Development, Transport and the Environment; municipalities, and private customers.
It will be examined during the Stage II proceedings whether the transaction shall result in the creation or strengthening of a dominant position which significantly prevents competition in the Finnish asphalt paving business. During Stage II, the FCA may approve the deal as such, impose conditions upon its approval or propose that the Market Court prohibit the deal. Under the Act on Competition Restrictions, the further proceedings may last a maximum of three months.
The decision issued by the FCA today contains several business secrets by the parties, and it may only be published when these have been removed. A public version of the decision shall be published on the FCA's web pages as soon as it is finished.
Research Officer Keijo Ranta
Research Officer Kaisa Kokko
Head of Research Maarit Taurula