Lindab International AB (publ) (OM:LIAB) acquired Has-Vent Limited on October 5, 2023. The acquisition is financed through Lindab's own funds. HAS-Vent has 105 employees and an annual turnover of approximately SEK 280 million.

Lindab International AB (publ) (OM:LIAB) completed the acquisition of Has-Vent Limited on October 5, 2023. As of February 28, 2024, The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services. The CMA announced the launch of its merger inquiry by notice to the Parties on February 28, 2024, and has a deadline of April 26, 2024, for its phase 1 decision. The end of the initial period and the deadline for the CMA to announce its decision whether to refer the Merger for a Phase 2 investigation is therefore April 26, 2024. Following an initial Phase 1 investigation, the Competition and Markets Authority (CMA) has found that Lindab International AB's purchase of HAS-Vent Holdings Limited raises competition concerns in relation to the supply of circular ducts and fittings in England and Wales. Lindab and HAS-Vent now have 5 working days to offer solutions which fully resolve the CMA's competition concerns, otherwise it will refer the deal to an in-depth Phase 2 investigation.