The European Commission has announced the imposition of a €40 million fine on Kingspan for violating rules related to providing information to regulators. The violation was identified during a 2021 investigation when the Commission was reviewing Kingspan's acquisition of Slovenian company Trimo, which specializes in the production of building materials. According to the Commission's statement, during the review of the deal under the EU Merger Regulation (EUMR), Kingspan provided the regulator with false and misleading information. Such actions violate companies' obligations to cooperate in good faith with antitrust authorities when reviewing merger and acquisition transactions. The European Commission is responsible for ensuring compliance with competition rules in the EU single market, including assessing potential company mergers for their impact on the competitive environment. Providing accurate information during such investigations is a mandatory requirement, as it is essential to the objectivity of the regulator's decisions on the permissibility of transactions. The €40 million fine was imposed as a sanction for the established violation of procedural requirements during the investigation, rather than for the acquisition of Trimo itself. Details about which specific information was deemed incorrect and further consequences for Kingspan are not disclosed in detail in the press release.