Press Release: Mergers: Commission opens in-depth investigation into proposed acquisition by Siemens of rotating equipment manufacturer Dresser-Rand

On 13 February 2015, the European Commission opened an in-depth investigation to assess whether the proposed acquisition of rotating equipment manufacturer Dresser-Rand of the US by Siemens of Germany is in line with the EU Merger Regulation.

Both companies supply turbo compressors as well as the engines which drive these compressors ("drivers").The combination of a turbo compressor with a driver is called a turbo compressor train.

The Commission has concerns that the proposed transaction may reduce competition for both components, as well as for the turbo compressor trains.