CASE COMMENTS: MERGER – PHASE I − COMMITMENTS – DIVESTITURE OF A BRAND – TRANSFER OF CUSTOMER CONRACTS
Technology transfer: The European Commission conditionally clears a merger between two suppliers of phosphor-based solvent extractants (Solvay / Cytec)
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On 2 December 2015, the Commission authorised the acquisition of the US company Cytec by the Belgian group Solvay. Solvay is one of the world's leading manufacturers of chemical products. Cytec produced chemicals for the mining industry as well as composite materials and adhesives for the aerospace and automotive sectors. The activities of the two companies were largely complementary; however, both were active in the chemicals sector for the mining and refining industries.
The Commission's investigation focused on the manufacture and marketing of solvent extraction agents. Solvent extraction agents are used in industrial processes to separate products with
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