Press Release: Mergers: Commission clears planned acquisition of Salomon by Amer Group, subject to conditions

Author (Corporate)
Series Title
Series Details IP/05/1267 (13.10.05)
Publication Date 13/10/2005
Content Type

The European Commission on 13 October 2005 cleared under the EU Merger Regulation the proposed acquisition by Finnish winter sport hard goods manufacturer Amer Group of the Salomon business segment of Germany’s Adidas-Salomon AG. The Commission's clearance was conditional upon substantial modifications of the current co-operation agreement between Salomon and the Austrian ski manufacturer Fischer GmbH. In light of these commitments, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/1267&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
European Commission: DG Competition: Merger Cases: Case 3765 http://ec.europa.eu/comm/competition/mergers/cases/index/m75.html#m_3765

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