The Original Bowling Company (TOBC) has agreed to sell six sites to appease competition concerns over its acquisition of the 17-strong Bowlplex portfolio.
Last month the Competition and Markets Authority (CMA) announced its concerns that the proposed acquisition could result in a substantial lessening of competition in six areas where both companies operate – Bristol, Bracknell, Cardiff, Dudley, Leeds/Castleford and Glasgow.
The CMA said TOBC’s offer to sell a ten-pin bowling centre in each of the six areas was likely to avoid the need for further investigation.
The CMA now has until 27 October 2015 to consider whether to ultimately accept the undertakings, or a modified version. It can extend this deadline if there are special reasons for doing so.
As part of this, the CMA will run a public consultation.
