{"id":248,"date":"2018-11-08T07:12:16","date_gmt":"2018-11-08T07:12:16","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=248"},"modified":"2018-11-08T07:12:16","modified_gmt":"2018-11-08T07:12:16","slug":"competition-watchdog-probes-nationwide-platforms-bid-to-buy-rival","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/competition-watchdog-probes-nationwide-platforms-bid-to-buy-rival\/","title":{"rendered":"Competition watchdog probes Nationwide Platforms\u2019 bid to buy rival"},"content":{"rendered":"<p>The Government competition watchdog is investigating Nationwide Platforms&#8217; planned \u00a347m acquisition\u00a0of rival\u00a0UK Platforms.<\/p>\n<p>UK Platforms owner HSS revealed it had agreed to sell the UK Platform business to Lomax Group, owner of Nationwide, last July.<\/p>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"145848\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.rics.org%2Fuk%2Fproducts%2Fdata-products%2Fdemo%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/Construction Enquirer MPU.jpg\"\/><\/a><\/div>\n<\/div>\n<p>Ahead of the deal been finalised in January 2019, the CMA is inviting market comments about whether the deal will reduce competition.<\/p>\n<p>Nationwide Platforms is the UK\u2019s largest mobile elevating work platform hirer with over 13,000 machines. It was taken over by French rental giant Loxam last year.<\/p>\n<p>HSS bought UK Platforms five years from French manufacturer Haulotte and has around 3,000 platforms. Last year the business made a profit of over \u00a38m from \u00a317m revenue.<\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"93789\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.constructionline.co.uk%2Fevents%2F\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/Constructionline-MeetTheBuyer-295x245-v4.gif\"\/><\/a><\/div>\n<\/div>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"247443\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.ciobacademy.org%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/Construction enquirer Academy MPU Final.gif\"\/><\/a><\/div>\n<\/div>\n<p>from Construction Enquirer https:\/\/ift.tt\/2FaSmAT<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government competition watchdog is investigating Nationwide Platforms&#8217; planned \u00a347m acquisition\u00a0of rival\u00a0UK Platforms. UK Platforms owner HSS revealed it had agreed to sell the UK Platform business to Lomax Group, owner of Nationwide, last July. Ahead of the deal been finalised in January 2019, the CMA is inviting market comments about whether the deal will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":149,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=248"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/248\/revisions"}],"predecessor-version":[{"id":249,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/248\/revisions\/249"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/153"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}