Demolition firm contesting cartel probe’s findings says it is ‘confident CMA will take our concerns seriously’

By Dave Rogers2022-06-27T06:00:00

Squibb one of 10 companies named last week

One of the two demolition firms contesting claims made by the Competition and Markets Authority that it was involved in bid-rigging and making ‘compensation payments’ has made its first public statement on the issue.

Essex firm Squibb Group, which in its last set of accounts filed at Companies House posted a turnover of £31.3m and a pre-tax profit of £1.6m in the year to January 2021, has not admitted wrongdoing and will be contesting the provisional findings.

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