The EU Commission opens an in-depth investigation concerning a merger on grey cement market in Croatia (HeidelbergCement / Schwenk)

Mergers: Commission opens in-depth investigation into HeidelbergCement and Schwenk's joint acquisition of Cemex Croatia* The European Commission has opened an in-depth investigation to assess whether the proposed acquisition of Cemex Croatia by HeidelbergCement and Schwenk is in line with the EU Merger Regulation. The Commission has concerns that the proposed takeover may reduce competition for grey cement in Croatia. Commissioner Margrethe Vestager, in charge of competition policy, said: "The Construction sector, like any other sector needs competition. As cement is an essential part of the sector we need to make

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European Commission, The EU Commission opens an in-depth investigation concerning a merger on grey cement market in Croatia (HeidelbergCement / Schwenk), 10 October 2016, e-Competitions October 2016, Art. N° 81694

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