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

Following an in-depth investigation the European Commission on the 9 September 2014 cleared under the EU Merger Regulation the proposed acquisition of the Spanish operations of the Swiss building materials group Holcim ("Holcim assets") by its Mexican rival Cemex. Cemex and Holcim are global suppliers of cement and other building materials. The Holcim assets comprise plants and quarries dedicated to the production and supply of cement, aggregates, ready-mix concrete and mortar in Spain. 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 approves acquisition of Cemex West by Holcim in the building materials sector http://www.europeansources.info/record/press-release-mergers-commission-approves-acquisition-of-cemex-west-by-holcim-in-the-building-materials-sector/

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