The Commission approved the proposed acquisition of Logstor, of Denmark, by a private equity investment company Triton Group (“Triton”). Logstor is active in the market for the manufacture of pre-insulated pipes used mainly for district heating and district cooling systems. Battenfeld-Cincinnati (“BC”), one of the companies ultimately controlled by Triton, is active in the production and sale of plastic processing machines including single screw extruders, a piece of machinery which is used in the production of pre-insulated pipes. The Commission found that BC’s competitors would still have a sufficient number of alternative customers and Logstor’s competitors would still have a sufficient number of alternative suppliers for both new extruders and spare parts. Therefore, the Commission concluded that the acquisition would not significantly impede effective competition in the EEA or any substantial part thereof. Source: Commission Press Release 26/08/2013.
Register now for your free, tailored, daily legal newsfeed service.
Questions? Please contact firstname.lastname@example.orgRegister
Commission approves acquisition of Logstor by Triton
Popular articles from this firm
If you would like to learn how Lexology can drive your content marketing strategy forward, please email email@example.com.
Related topic hubs
Association of Corporate Counsel
”ACC Newsstand is another useful, tailored and easily accessible resource that coincides directly with our focus on saving ACC members time, money and effort.”