The EU Commission approves Japanese ink manufacturer’s acquisition of colorants and effect pigments company, subject to conditions (DIC / BASF Colors & Effects)

Mergers: Commission approves DIC's acquisition of BASF Colors & Effects, subject to conditions The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of BASF Colors & Effects by the DIC Corporation (‘DIC'). The approval is conditional on full compliance with a commitments package offered by DIC. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: ”Pigments are essential inputs for many consumer products that require a colouring process, for example in the automotive and advanced plastics value chains. There are only a few alternative producers for these products and the combination of DIC and BASF Colors & Effects risked depriving customers of high quality pigments. This merger is approved on the

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European Commission, The EU Commission approves Japanese ink manufacturer’s acquisition of colorants and effect pigments company, subject to conditions (DIC / BASF Colors & Effects), 7 December 2020, e-Competitions Merger Remedies, Art. N° 98273

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