The European Commission conditionally clears a merger in the chemical products industry used in variety of end-applications (Bakelite / Appollo)

"Mergers — Main developments between 1 January to 30 April 2005"* In March, the European Commission cleared the proposed acquisition of the German chemical company, Bakelite AG, by the investment group Apollo, subject to conditions. The Commission found that the proposed transaction could give rise to competition concerns in the markets for phenolic resins for refractory materials and for reactive diluents for epoxy systems. Phenolic and epoxy resins are chemical

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Authors

  • JG Associates (Brussels)
  • DG COMP (Brussels)

Quotation

John Gatti, Mary Loughran, The European Commission conditionally clears a merger in the chemical products industry used in variety of end-applications (Bakelite / Appollo), 11 April 2005, e-Competitions Bulletin April 2005, Art. N° 38294

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