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Algeco-Alquibalat merger faces in-depth probe in Spain

( May 20, 2022, 13:11 GMT | Official Statement) -- MLex Summary: Plans by leading prefabricated modules company Algeco Construcciones Modulares to take over rival Alquibalat will now undergo a full investigation, Spain's competition authority said today. The watchdog is concerned that the deal will strengthen Algeco's position on the market. The companies are the main operators on the domestic market for the rental of such elements, both in terms of fleet size and geographic coverage, CNMC said.Statement follows (in Spanish). ...

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