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Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2020/11 - Trinseo / Ativos VP Latex Synthomer
Acquired
Assets VP Latex Synthomer
Description
Assets active in the chemical materials solutions, manufacturing of plastics, latex binders, and synthetic rubber sector.
Acquiring
Trinseo Europe GmbH
Description
Company active in the chemical materials solutions, manufacturing of plastics, latex binders, and synthetic rubber sector.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C2016 - Manufacture of plastics in primary forms
Applicable legislation
Art. 37(1)(a) (Law 19)
Notification thresholds
Market Share threshold
Type of merger
Vertical
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
The notified concentration consists of the acquisition of sole control over Ativos VP Latex Synthomer by Trinseo
Timeline
2020-04-21
On April 21, 2020, the Board of the Competition Authority issued a decision of non-opposition to the merger Trinseo / Ativos VP Latex Synthomer.
2020-04-03
Trinseo notifies the acquisition of sole control over a set of Assets related to Synthomer's VP Latex business.
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