The Russian NCA cleared a merger in the electric boiler market subject to remedies, including commitment not to decrease or cease the target’s production (Evan / Nibe Industrier)

The operation The Swedish manufacturer of electric heating applications Nibe Industrier AB (“Acquirer”) applied for clearance of the acquisition of indirect control over ZAO "EVAN" (“Target”) through acquisition of the Swedish holding company Russian Boilers Holdings AB. The market The transaction related to the market of electric heating boilers. Given the

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Author

  • Clifford Chance (Moscow)

Quotation

Torsten Syrbe, The Russian NCA cleared a merger in the electric boiler market subject to remedies, including commitment not to decrease or cease the target’s production (Evan / Nibe Industrier), 18 April 2008, e-Competitions April 2008, Art. N° 21489

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