Hepworth plc

1. Title of report: Hepworth Ceramic Holdings plc and Steetley plc (MMC - Cmnd 9164)

2. Date of report: 20 December 1983 Published: 22 February 1984

3. Orders: N/A

4. Date of original undertakings: 17 September 1984

5. Companies giving undertakings: Hepworth plc (formerly Hepworth Ceramic Holdings plc)

6. Details of undertakings: Undertakings not to acquire

(i) Not to acquire any part of the equity share capital of Steetley.

(ii) Not to hold or have an interest in more than 10 per cent of the equity share capital of Steetley or any part of the equity share capital of any subsidiary of Steetley so long as the enterprises of Steetley or of such subsidiary, as the case may be, include a refractories business or a material part of its assets are used in such a business.

(iii) Not to acquire any enterprise of or any material part of the assets of Steetley save for the undertaking or assets of any non-refractories business.

7. Date of amendments: N/A

8. SIC code: 26.26 (Manufacture of refractories)

Back to: Mergers undertakings