| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/14/2683 (15.12.14) |
| Publication Date | 15/12/2014 |
| Content Type | News |
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The European Commission found on the 15 December 2014 the proposed acquisition of Lafarge of France by Holcim of Switzerland to be in line with the EU Merger Regulation. Both companies were active worldwide in the manufacture and supply of cement, ready-mix concrete, aggregates and other construction materials. The decision was conditional upon the divestment of Lafarge businesses in Germany Romania and the UK and of Holcim operations in France, Hungary, Slovakia, Spain and the Czech Republic. The Commission had concerns that the transaction, as originally notified, would have had a detrimental effect on competition in a significant number of markets in the European Economic Area (EEA). The commitments offered by the two companies address these concerns. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-14-2683_en.htm |
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| Subject Categories | Internal Markets |
| Countries / Regions | Europe |
