The EU Commission clears acquisition of global laser manufacturer by its leading competitor, subject to conditions (Coherent / Rofin-Sinar)

Coherent/Rofin-Sinar: Merger between leading CO2 laser suppliers cleared in phase I subject to conditions* In a nutshell: After the Bundeskartellamt had prohibited Coherent’s acquisition of Excel (now Synrad) in 2006, Coherent announced in 2016 its intention to acquire Rofin-Sinar; another leading laser producer. The Commission found that this merger would have likely raised competition concerns in the market for low-power CO2 lasers, as it would have eliminated Coherent’s close competitor Rofin on a market with high barriers to entry and expansion. The acquisition would have left Synrad as the only main competitor alongside few and substantially smaller competitors who do not compete on par with the parties and who would not have been able to maintain sufficient competition to avoid

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Julia Fischer, The EU Commission clears acquisition of global laser manufacturer by its leading competitor, subject to conditions (Coherent / Rofin-Sinar), 26 October 2016, e-Competitions Merger Remedies, Art. N° 86502

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