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Europe Daily Bulletin No. 10005

24 October 2009
Contents Publication in full By article 39 / 43
GENERAL NEWS / (eu) eu/competition
Proposed takeover of Baxi by Remeha approved

Brussels, 23/10/2009 (Agence Europe) - On Thursday 22 October, the European Commission cleared the proposed acquisition of Baxi, of the UK, by Dutch company De Dietrich Remeha (Remeha). Both companies manufacture central heating products, in particular boilers for domestic and commercial applications. The parties' activities mainly overlap in the manufacture and distribution of boilers used for central heating purposes. The Commission's investigation of the proposed transaction showed that...

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