The EU Commission clears a merger subject to remedies in the market of industrial lubricants (Quaker / Houghton)

Mergers: Commission approves acquisition of Houghton by Quaker, subject to conditions* The European Commission has approved, under the EU Merger Regulation, the acquisition of Houghton by Quaker, both producers of industrial lubricants. The decision is conditional on the divestment of Houghton's EEA businesses related to certain lubricants used to produce steel and aluminium. Quaker and Houghton are both active globally in the development, production and marketing of industrial lubricants. In particular, both companies are active in the supply of rolling oils. Rolling oils are particular types of metal working fluids used in the production of metals, such as aluminium and steel. They are specifically designed for the particular metal being produced (for example, aluminium

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European Commission, The EU Commission clears a merger subject to remedies in the market of industrial lubricants (Quaker / Houghton), 11 December 2018, e-Competitions Bulletin December 2018, Art. N° 88738

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