The EU Commission gives conditional approval to the proposed acquisition of a German cigarette manufacturer by a UK cigarette manufacturer (Imperial Tobacco Group / Reemtsma Cigarettenfabriken)

"Merger Control: Main developments between 1st May 2002 and 31th August 2002"* The European Commission gave conditional approval to the proposed acquisition of German cigarette manufacturer Reemtsma Cigarettenfabriken GmbH by Imperial Tobacco Group Plc of the United Kingdom. The acquisition, which propelled Imperial Tobacco to the fifth place in the world cigarette market and third in the European Union, raised competition concerns in the UK market for low priced cigarettes, but the undertakings offered fully addressed these concerns. Imperial

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

Quotation

Kay Parplies, The EU Commission gives conditional approval to the proposed acquisition of a German cigarette manufacturer by a UK cigarette manufacturer (Imperial Tobacco Group / Reemtsma Cigarettenfabriken), 8 May 2002, e-Competitions May 2002, Art. N° 38929

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