Brussels, 21/12/2015 (Agence Europe) - On Monday 21 December, the European Commission conditionally cleared the planned acquisition of Elster by Honeywell.
The two companies' activities overlap in the sectors for residential heating products, industrial heating products and metering products used in the upstream/midstream gas sector.
The Commission identified competition concerns resulting from several upstream/midstream gas metering markets: the EEA-wide markets for turbine gas meters for...