The European Commission clears, subject to remedies and obligations, the acquisition by a Swiss-based packaging group of the French packaging company after the European Court of First Instance annulled its first decision to prohibit the merger (Tetra Laval/Sidel II)

"Merger Control: Main developments between 1st January 2003 and 30th April 2003"* On 13 January 2003, the Commission decided not to oppose the acquisition by Tetra Laval B.V., which belongs to the Swiss-based Tetra Laval Group, the owner of the Tetra Pak packaging businesses, of the French packaging company Sidel S.A., subject to compliance with a commitment and other obligations. Following the annulment on 25 October 2002, by the Court of First Instance (CFI) of the Commission’s decision dated 30 October 2001 prohibiting the transaction, the Commission re-commenced its

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Authors

  • DG Economic and Financial Affairs (ECFIN) (Brussels)
  • DG COMP (Brussels)
  • DG GROW (Brussels)

Quotation

Kay Parplies, Mary Loughran, Roosmarijn Schade, The European Commission clears, subject to remedies and obligations, the acquisition by a Swiss-based packaging group of the French packaging company after the European Court of First Instance annulled its first decision to prohibit the merger (Tetra Laval/Sidel II), 13 January 2003, e-Competitions Bulletin Prohibited mergers, Art. N° 38905

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