# Pennon Group's acquisition of Sutton and East Surrey Water referred for Phase 2 CMA review

Pennon Group's acquisition of Sumisho Osaka Gas Water UK (holding company of Sutton and East Surrey Water) has been referred for a Phase 2 review by the CMA. Pennon intends to offer undertakings to address competition concerns.

- Type: Acquisition
- Announced: 2024-05-03
- Where: United Kingdom
- Status: announced
- Products: water supply services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Pennon Group](https://endata.com/companies/45996.md) (acquirer)
- [Sumisho Osaka Gas Water UK](https://endata.com/companies/77212.md) (target)
- [Sutton and East Surrey Water](https://endata.com/companies/77213.md) (target)

## Sources

- [markets.ft.com](https://markets.ft.com/data/announce/detail?dockey=1323-16453961-6B736F6OM3AAVL93F8NS10ETBI), 2024-05-03: "Today, the Competition and Markets Authority ("CMA") published the outcome of its Phase 1 merger review following Pennon's acquisition of Sumisho Osaka Gas Water UK Limited ("SOGWUK"), the holding company of Sutton and East Surrey Water ("SES Water") and certain other ancillary businesses, which was"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.