| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/15/4611 (16.03.15) |
| Publication Date | 16/03/2015 |
| Content Type | News |
|
On 16 March 2015 the European Commission cleared under the EU Merger Regulation the proposed acquisition of Joris Ide Group (Steel Partners NV/SA) of Belgium by rival Kingspan Group Plc of Ireland. Both companies manufacture sandwich panels and construction sheets in several production sites in the European Economic Area (EEA). The Commission concluded that the transaction would raise no competition concerns, in particular because the merged entity will continue to face sufficiently strong competition after the merger and customers will still have sufficient alternative suppliers in all markets concerned. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-15-4611_en.htm |
| Subject Categories | Internal Markets |
| Countries / Regions | Belgium, Europe, Ireland |
