The Competition and Markets Authority (CMA) has provisionally identified competition concerns regarding the proposed acquisition of Mick George Limited (MGL) by Hanson Quarry Products Europe Limited (Hanson). This merger could negatively impact the supply of building materials in the East of England and the East Midlands.

Hanson, a leading producer and distributor of construction materials in the UK, is wholly owned by Heidelberg, a multinational company. MGL is a significant supplier to the construction industry in the same regions. Both companies are involved in the supply of aggregates and ready-mixed concrete, essential materials for construction projects.

The CMA's investigation revealed that the merger could reduce competition in the supply of non-specialist aggregates and ready-mix concrete across eighteen local markets. In these areas, the combined presence of Hanson and MGL could limit customer choices, potentially leading to higher prices and lower quality products for contractors.

Colin Raftery, CMA Senior Director for Mergers, emphasized the importance of maintaining competition in the construction materials sector, as a reduction in competition could increase costs for businesses and public entities. While some areas may still have sufficient competition, the CMA is particularly concerned about local markets with few alternatives to the merging companies.

Hanson and MGL have five working days to address the CMA's concerns. If they fail to provide a satisfactory solution, the merger will be subject to a more detailed phase 2 investigation.