Slaughter and May is advising Calder Group Holdings Limited (“Calder”) in relation to the ongoing investigation by the Competition & Markets Authority (“CMA”) into suspected anti-competitive arrangements in the UK roofing materials sector which may infringe Chapter I of the Competition Act 1998 and/or Article 101 of the Treaty on the Functioning of the European Union. Calder’s UK subsidiary, Calder Industrial Materials Limited, is a leading supplier of lead products in the UK, including rolled lead used in roofing and cladding which is the focus of the CMA’s investigation.
The CMA’s investigation commenced in July 2017 and a statement of objections was issued by the CMA on 27 March 2019. The investigation is ongoing, with a further update from the CMA expected by the end of June 2020.
Lee Chaikin, Chairman and Chief Executive of Calder, has said of Slaughter and May’s role in relation to the ongoing investigation: “I came to Slaughter and May looking for the best possible representation in this matter, and with Philippe and his team I know we found it. They are superb lawyers and advisers in every sense, and I feel fortunate for Calder to be a client.”