The Czech Competiton Office cleared in phase II a merger in the market of products used for manufacture of ceramics subject to remedies aimed at maintaining supplies for small and mid-sized producers (Torrecid / Glazura)

The operation Under the shareholder interest transfer agreement on transfer of shares, TORRECID, S.A. ("TORRECID"), a company with the registered office in Spain, acquired a 100 % shareholder interest in Glazura, s.r.o. ("Glazura"). (p. 1) TORRECID forms together with its subsidiaries operating in 8 countries a vertically integrated group active in the field of the production ceramics related products. Glazura is a Czech producer and dealer of ceramics and glass related products. (p. 4) The market(s) The Office defined the relevant markets as the

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Eva Valentová, The Czech Competiton Office cleared in phase II a merger in the market of products used for manufacture of ceramics subject to remedies aimed at maintaining supplies for small and mid-sized producers (Torrecid / Glazura), 27 May 2003, e-Competitions May 2003, Art. N° 20908

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