Press Release: Mergers: Commission clears acquisition of Maxit by Saint-Gobain subject to conditions

The European Commission cleared under the EU Merger Regulation the proposed acquisition of Maxit Holding AB of Sweden by Compagnie de Saint-Gobain of France, subject to commitments to divest two subsidiaries of Maxit active in the production and sale of gypsum-related products. 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.