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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2009/52 - Ferro / Activos Heraeus
Acquired
Assets W.C. Heraeus GmbH
Description
Assets of W.C. Heraeus GmbH - the W.C. Heraeus GmbH business covering the production of paints and auxiliary products for the ceramics, glass and tile industry.
Acquiring
Ferro Corporation
Description
Ferro Corporation - a US-registered company operating, in particular, in the fields of organic chemistry, inorganic chemistry and precious metal processing; polymer science and materials science for the development of surface-protection lacquers for ceramic and metal materials; enamel, pastes and additives for the glass market; decorative varnish and paints for tableware; plastic and paint compounds; polymer additives. The company is active in the production of decorating 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
Case description
Notified on 31 December 2009, this merger operation consists of the acquisition, by Ferro Corporation (henceforth Ferro), of exclusive control of assets belonging to W.C. Heraeus GmbH (henceforth Heraeus Assets) in the business branches relating to paints and auxiliary products for the ceramic, glass and tile industry.
Timeline
2010-03-11
Competition Authority Council adopts a decision of non-opposition to Merger No. 52/2009/Ferro/Heraeus Assets.
2010-01-25
Publication of the announcement
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