Regulatory hurdle for Electra's Original Bowling add-on

Electra originally acquired Original Bowling for £91m in September last year, and revealed Bowlplex as its first add-on acquisition earlier this year.

According to a statement released by the CMA, the private equity house and Original Bowling have until Friday 21 August to present a "clear-cut remedy" to the perceived competition issues. Failing this, the deal, which was announced in April, will be referred to an in-depth investigation.

The point of contention is six local areas identified by the CMA where Original Bowling and Bowlplex both operate ten-pin bowling facilities: Bristol, Bracknell, Cardiff, Dudley, Leeds/Castleford and Glasgow. The regulator believes insufficient competition may arise from the merger, thus negatively impacting consumers.

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• Topics
• Regulation
• UK / Ireland
• Electra Partners LLP
• United Kingdom