Press Release: Mergers: Commission approves acquisition of chemical company DuPont’s GLSV business by rival Kuraray, subject to conditions

Author (Corporate)
Series Title
Series Details IP/14/498 (29.04.14)
Publication Date 29/04/2014
Content Type

On 29 April 2014, the European Commission cleared under the EU Merger Regulation the proposed acquisition of DuPont's Glass Laminating Solutions/Vinyls (GLSV) business (USA) by Kuraray of Japan.

The clearance is conditional upon the divestment of GLSV's PVB film production facility in Uentrop (Germany), where the merged entity would have otherwise faced insufficient competitive constraint from the only one remaining player, leading to higher prices.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-498_en.htm
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