Press Release: Mergers: Commission approves acquisition of German kitchen manufacturer Alno by Whirlpool

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Series Details IP/12/1234 (20.11.12)
Publication Date 20/11/2012
Content Type

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the German kitchen manufacturer Alno AG by the US household appliances company Whirlpool Corporation. The Commission's investigation showed that there were enough alternative suppliers with significant market shares, both in the supply of domestic appliances and in the manufacture and marketing of kitchen furniture. The proposed transaction, therefore, does not raise competition concerns.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-12-1234_en.htm
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