Press Release: Mergers: Commission approves acquisition of Cemex West by Holcim in the building materials sector

On 5 June 2014, following an in-depth investigation, the European Commission cleared under the EU Merger Regulation the proposed acquisition of Cemex West by its Swiss rival Holcim.

Cemex and Holcim are global suppliers of cement and other building materials. Cemex West comprises Cemex's activities in grey cement, ready-mix concrete, aggregates and cementitious materials in western Germany together with a small number of plants and sites located in France and the Netherlands. The Commission concluded that the acquisition would not raise competition concerns since the merged entity will continue to face sufficient competition from its rivals in all markets concerned.

ESO: Background information: Mergers: Commission opens in-depth investigation into proposed acquisition of Holcim assets by Cemex http://www.europeansources.info/record/press-release-mergers-commission-opens-in-depth-investigation-into-proposed-acquisition-of-holcim-assets-by-cemex/

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