Press Release: Mergers: Commission approves acquisition of Elster by Honeywell, subject to conditions

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Series Details IP/15/6387 (21.12.15)
Publication Date 21/12/2015
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On 21 December 2015 the European Commission approved under the EU Merger Regulation the proposed acquisition of Elster by Honeywell, subject to divestment of Honeywell's gas metering business. The Commission's market investigation confirmed that the transaction did not raise competition concerns with regard to the areas of residential heating products and industrial heating products.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-15-6387_en.htm
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