date:Jun 13, 2012
The Office of Fair Trading (OFT) said Friday it would be studying the transaction that saw Minneapolis-based Accraply expand their shrink sleeve labeling operations with the takeover of England-based Turpins.
But Accraply said it believed the body had no jurisdiction over the acquisition and it expected the deal to buy Turpins to stand.
Merger intelligence unit
The UK firm, headquartered in Clacton-on-Sea, designs and manufactures high-performance shrink sleeve equipment under the Sleevit bra