Press Release: Mergers: Commission clears acquisition of Spanish light fixture manufacturer Indal by Philips

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Industrias Derivadas del Aluminio S.A. (Indal) of Spain by Philips of the Netherlands.

The Commission concluded that the proposed transaction would not raise competition concerns because the merged entity would continue to face sufficiently strong competition from other well-established manufacturers in the markets for lamps, light fixtures, light fixture components, light-emitting diodes (LEDs) and LED modules.