07/07/2014 (Agence Europe) - Mergers: Sistema's acquisition of Segezha Pulp and Paper Mill given go-ahead. On Monday 7 July, the European Commission gave the go-ahead to the acquisition of JSC Segezha Pulp and Paper Mill and LLC Derevoobrabotka-Proekt, both of Russia, by Sistema JSF Corporation (“Sistema”) of Russia. The target companies are active, inter alia, in the manufacture and supply of kraft paper and paper sacks as well as in other wood-related products, such as wood pulp, fibre boards and timber products. Sistema is an equity investment group investing in various sectors of the economy. The Commission concluded that the proposed transaction would not raise competition concerns, because Sistema's and the target companies' activities do not overlap. (EL)