Press Release: Mergers: Commission approves proposed acquisition of Enodis by Manitowoc subject to conditions

The European Commission cleared under the EU Merger Regulation the proposed acquisition of Enodis of the UK by Manitowoc of the US. The Commission's decision was conditional upon the commitment by Manitowoc to divest Enodis' entire ice-making machines business in the EEA, where the Commission identified competition concerns, including three production facilities in Italy. In light of this commitment, the Commission concluded that the proposed transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.