The Finnish Competition and Consumer Authority (FCCA) initiates further proceedings regarding the proposed merger in which L&T Ympäristöpalvelut Oy would acquire Kempeleen Siirtokuljetus Oy.
L&T Ympäristöpalvelut, part of the Lassila & Tikanoja Plc group, provides a wide range of waste management services nationwide. Kempeleen Siirtokuljetus also operates in the waste management sector, but only in Northern Ostrobothnia. In the region, both companies provide businesses and households with services for the collection, transport, sorting, and treatment of non-hazardous waste. In addition, both are active in hazardous waste management in Northern Ostrobothnia.
Based on the FCCA’s initial investigation, the acquisition may have adverse competitive effects, particularly in the markets for non-hazardous waste management in Northern Ostrobothnia. The transaction would combine two of the region’s largest private waste management operators, each with a significant position at several stages of the waste management value chain.
FCCA considers it important to continue investigating the competitive effects of the acquisition. As a result of the further proceedings, FCCA may approve the acquisition as such, approve it conditionally, or propose that the Market Court prohibit the deal. The further proceedings may take a maximum of 69 working days. The Market Court may extend the time limit by at most 46 working days.