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Case details

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Merger control
Case reference
CCENT/2008/37 - LS Cable/ Superior Essex INC.
Acquiring
LS Cable
Description
a company established under the laws of the Republic of Korea, which produces a wide array of engineering products, in particular wires and cables (including fibre optic and copper cables), automobile components, tractors, air-conditioning equipment and aluminium derivatives.
Acquired
SE
Description
A company incorporated in the State of Delaware, United States of America, which controls a group of companies devoted to the production and marketing of copper wire and cable, fibre optic cable and other materials for the electronic communications industry, and magnet wire for the production of electromagnetic devices.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C26 - Manufacture of computer, communication equipment, electronic and optical products
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 23 June 2008, this merger operation consists of the acquisition, by LS CABLE LTD (henceforth "LS CABLE"), of exclusive control of SUPERIOR ESSEX INC. (henceforth "SE"), by means of an offer to acquire all the shares representing its capital.
Timeline
2008-07-24
Competition Authority authorises the LS CABLE/ SUPERIOR ESSEX
2008-07-01
Publication of the announcement
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