Press Release: Mergers: Commission approves acquisition of Belgian chemical company Taminco by equity fund Apollo

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Belgian chemical company Taminco Group Holding S.à.r.l. by the US-based private equity fund Apollo. The Commission concluded that the proposed transaction would not raise competition concerns because the parties are not active on the same markets and will continue to face competition from several other players on related markets.