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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2009/51 - Heraeus / Activos Ferro
Acquired
Ferro Corporation
Description
the Ferro Corporation business relating to PMP (Precious Metal Preparation) products for the ceramic, glass and tile industry.
Acquiring
W.C. Heraeus GmbH
Description
A German-registered company belonging to the Heraeus Group, which operates in the segment covering the processing of precious metals for the manufacture of industrial products for the telecommunications, IT, energy and environment sector and the healthcare sector. Heraeus is also active in the production of decoration materials for the ceramic, glass and tile industry, in particular PMP (Precious Metal Preparation) products, paints and auxiliary products.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C23 - Manufacture of other non-metallic mineral 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 31 December 2009, this merger operation consists of the acquisition, by W.C. Heraeus GmbH (henceforth Heraeus), of exclusive control of assets owned by Ferro Corporation (henceforth Ferro Assets) relating to the business of PMP (Precious Metal Preparation) products for the ceramic, glass and tile industry.
Timeline
2010-03-11
Competition Authority Council decides not to oppose Merger No. 51/2009/Heraeus/Ferro Assets
2010-01-25
Publication of the announcement
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