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监管动态🇬🇧 英国重要2026/06/20

Suzano与Kimberly-Clark合资合并遭调查

SOURCE / GOV.UK-CMA Updates · Suzano / Kimberly-Clark JV merger inquiry

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Suzano / Kimberly-Clark JV merger inquiry

完整原文

<h2 id="statutory-timetable"> Statutory timetable</h2> <table> <thead> <tr> <th scope="col">Date</th> <th scope="col">Action</th> </tr> </thead> <tbody> <tr> <td>28 May 2026</td> <td>Phase 1 decision announced</td> </tr> <tr> <td>27 March 2026</td> <td>Launch of merger inquiry</td> </tr> <tr> <td>30 January 2026 to 20 February 2026</td> <td>Invitation to comment</td> </tr> </tbody> </table> <h2 id="phase-1">Phase 1</h2> <h3 id="cma-clearance-decision">CMA clearance decision</h3> <p>28 May 2026: The CMA has cleared the anticipated joint venture between Suzano International B.V and Kimberly-Clark Corporation.</p> <ul> <li> <span id="attachment_e4f58092-4890-4086-9216-97fa953bdad6" class="attachment-inline"><a href="https://assets.publishing.service.gov.uk/media/6a3413efc6e94f095f3efa96/_Full_text_decision_Suzano_Kimberly-Clark_JV.pdf">Full text decision (PDF, 414KB)</a></span> (19.6.26)</li> </ul> <h3 id="launch-of-merger-inquiry">Launch of merger inquiry</h3> <p>27 March 2026: The CMA announced the launch of its merger inquiry by notice to the parties.</p> <ul> <li> <span id="attachment_dbf40097-c370-45c2-83f3-f13d6af80b3f" class="attachment-inline"><a href="https://assets.publishing.service.gov.uk/media/69c515f723fcbcd838a6f728/Commencement_notice.pdf">Commencement notice (PDF, 88KB)</a></span> (27.3.26)</li> </ul> <h3 id="invitation-to-comment-closed">Invitation to comment: closed</h3> <p>The CMA is issuing this preliminary ‘invitation to comment’ to allow interested parties to submit to the CMA any initial views on the impact that the transaction could have on competition in the UK. The CMA has not yet launched its formal investigation into this transaction. This invitation to comment is the first part of the CMA’s information-gathering process.</p> <p>To assist it with this assessment, the CMA invites comments on the transaction from any interested party.</p> <h3 id="pre-notification">Pre-notification</h3> <p>The CMA has received the necessary information from the parties to commence pre-notification.  </p> <h2 id="contact">Contact</h2> <p><a href="mailto:general.enquiries@cma.gov.uk">general.enquiries@cma.gov.uk</a></p> <h3 id="privacy-notice">Privacy notice</h3> <p>Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please read our <a href="https://www.gov.uk/government/organisations/competition-and-markets-authority/about/personal-information-charter">Privacy Notice</a>.</p>

归纳

英国竞争与市场管理局对Suzano和Kimberly-Clark的合资合并计划展开调查,评估该交易是否可能导致市场竞争减少。该合并涉及纸巾和个人护理产品市场,监管机构将审查其对消费者和竞争对手的潜在影响。

点评

英国CMA对跨国合资企业的反垄断调查提示中国企业在海外并购中需警惕市场份额集中引发的竞争审查风险。

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法律视角点评

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核心关切

英国CMA对跨国合资企业的反垄断调查提示中国企业在海外并购中需警惕市场份额集中引发的竞争审查风险。

实务启示

中国企业在计划跨国合资时,应提前评估目标国反垄断申报门槛,避免交易因竞争担忧被附加条件或禁止。

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Suzano与Kimberly-Clark合资合并遭调查