Internet spare-parts business attracts attention of OFT
The Office of Fair Trading (OFT) is to investigate the purchase of an internet retailer that sells spare parts for machines.
Connect Distribution Services, based in Birmingham, bought e-Spares, an online spares business, for a rumoured £4m this month.
The OFT will investigate whether the merger warrants a Competition Commission investigation or report. A decision will be reached by 26 September.
Connect runs spare-parts websites for many retailers, including Kingfisher-owned B&Q. A number of online retailers run appliance sales websites for other retail brands. DRL, for instance, operates white-goods websites for several large UK retailers.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies