Press Release: Mergers: Commission approves acquisition of Dutch pipe systems manufacturer Wavin by Mexican PVC producer Mexichem

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Wavin N.V., a manufacturer of pipe systems of the Netherlands, by Mexichem Soluciones Integrales Holding S.A. de C.V., of Mexico. The Commission's investigation confirmed that the proposed transaction would not raise competition concerns because the merged entity would continue to face sufficient competition.