Press Release: Mergers: Commission approves proposed acquisition of Foseco by Cookson subject to conditions

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Foseco by Cookson, both located in the UK, subject to commitments to divest Foseco's business of isostatically pressed products ('IPP') and to divest Cookson's foam filter business. In view of the remedies proposed by the parties, the Commission concluded that the operation would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.