The EU Commission conditionally clears a merger between two UK foundry industry suppliers in parallel with US DoJ (Cookson / Foseco)

"Cookson/Foseco: merger of foundry industry suppliers reviewed in parallel by the EU and the US"* On 4 March the Commission approved the proposed acquisition of Foseco by Cookson [1]. Both companies are based in the UK. The Commission’s decision was conditional on the divestiture of Foseco’s isostatically pressed products (‘IPPs’) business and Cookson’s foam filter business. Both Cookson and Foseco are suppliers of refractories to the iron and steel industry and produce consumable products, in particular filters for use in the foundry industries. While Cookson, through its wholly-owned subsidiary Vesuvius, is mainly active in the refractories business, Foseco is to a large extent focused on the foundry segment. Refractories are non-metallic ceramics which can resist temperatures of up

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

Quotation

Patrick D'Souza, The EU Commission conditionally clears a merger between two UK foundry industry suppliers in parallel with US DoJ (Cookson / Foseco), 4 March 2008, e-Competitions Cooperation between National Competition Authorities, Art. N° 35258

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