CASE COMMENTS: MERGERS - PHASE II – UNCONDITIONAL CLEARANCE – GREY CEMENT MARKETS

Clearance : The European Commission, following an in-depth review, clears without commitments the proposed acquisition in the building materials sector (Holcim, Cemex West)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On June 5, 2014, the European Commission unconditionally approved the acquisition of Cemex West by its Swiss competitor Holcim after a phase II and 9 months of investigation. Both companies supply cement and other building materials worldwide. The proposed transaction concerns the acquisition of plants and cement factories in Western Germany, France and the Netherlands in the grey cement, ready-mixed concrete, aggregates and cement materials sectors. The European Commission concluded that the acquisition would not give rise to competition concerns. Indeed, the merged entity will continue to face sufficient competition in all markets concerned. In this

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Authors

  • Herbert Smith Freehills (Paris)
  • Herbert Smith Freehills (Paris)
  • Skadden, Arps, Slate, Meagher & Flom (Brussels)

Quotation

Sergio Sorinas, Marie Louvet, Amaury Sibon, Clearance : The European Commission, following an in-depth review, clears without commitments the proposed acquisition in the building materials sector (Holcim, Cemex West), 5 June 2014, Concurrences N° 1-2015, Art. N° 71341, pp. 142-144

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