Regulators have given the green light to the creation of a joint venture …

Series Title
Series Details 27/03/97, Volume 3, Number 12
Publication Date 27/03/1997
Content Type

Date: 27/03/1997

...between Recticel SA and Greiner Holding AG to manufacture and market polyether and polyester polyeurethane foam. The Commission found that the concentration would allow the companies to restructure in a sector marked by over-capacity and decreasing demand. Although the new enterprise would be the leading producer in the concentrated German and Austrian markets, officials said it would still face tough competition from British Vita, Auto Bock and Reisgies.

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