CASE COMMENTS: MERGERS – COMMITMENTS − DIVESTITURE OF A PLANT

Phase I : The European Commission conditionally clears a merger in the market for the supply of residential heating products, industrial heating products and metering products (Honeywell / Elster)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. On 21 December 2015, the Commission approved, subject to commitments, the acquisition of the German company Elster by the US Honeywell Group. The parties were both active in the heating products sector and in the manufacture of gas meters. The transaction led to overlaps in many product markets, but the Commission found that the competition concerns were mainly limited to the market for gas meters. The transaction did not raise competition concerns in the markets for heating products despite the high market shares. The parties both manufactured residential heating products (boiler valves and electronic boards for boilers) and industrial heating

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Ianis Girgenson, Phase I : The European Commission conditionally clears a merger in the market for the supply of residential heating products, industrial heating products and metering products (Honeywell / Elster), 21 December 2015, Concurrences Nº 3-2016, Art. N° 80844, pp. 111-112

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