CMA launches investigation into Ardonagh's Bennetts deal
The government body is seeking comments on the deal in order to decide whether it "may be expected to result in a substantial lessening of competition" in the market.
Ardonagh Group’s £26m deal to buy Bennetts Motorcycling Services from Saga is being investigated by the Competition and Markets Authority (CMA).
The purchase was first flagged in February 2020 and at the time, Ardonagh noted that the transaction was subject to regulatory approval.
The consolidator already owns another motorcycle specialist, Carole Nash, which it bought in 2017.
The CMA has today (2 July) published an invitation to comment on the deal.
Competition
The government body said in
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