Press Release: Mergers: Commission approves proposed acquisition of Artenius UK Limited by KP Chemical

Author (Corporate)
Series Title
Series Details IP/10/329 (19.3.10)
Publication Date 19/03/2010
Content Type

The European Commission cleared on 19 March 2010 under the EU Merger Regulation the proposed acquisition of UK-based chemicals company Artenius by KP Chemical, which is controlled by the global Korean conglomerate Lotte Group . After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

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