A proposed acquisition of M-real's Graphic Paper Business (M-real) by Sappi was approved by the European Commission (Commission) on 31 October 2008. M-real is a Finnish paper manufacturer producing graphic fine paper in Austria, Finland, Germany and Switzerland. Sappi is a South-African paper supplier with production facilities in Austria, Germany, The Netherlands and the United Kingdom. The main overlap between the two companies is in the production of wood-free coated paper where Sappi is currently the market leader and M-real is the third largest player. However, following a market investigation, the Commission concluded that customers would continue to have access to a number of significant alternative suppliers and thus the merger would not have an adverse effect on competition.