On 26 January, the Finnish Competition and Consumer Authority (FCCA) has approved without conditions the merger between YIT Oyj and Lemminkäinen Oyj.
According to the FCCA decision, the merger does not substantially limit competition on the Finnish construction markets. Copenhagen Economics acted as an advisor and economic expert for both parties and conducted an extensive analysis on the competitive effects of the merger using bidding data. We submitted our first expert report as part of the notification to the FCCA last August and advised the parties throughout the investigation.
For further information, please contact Anssi Kohonen