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Image header Agence Europe
Europe Daily Bulletin No. 12069
Contents Publication in full By article 16 / 27
ECONOMY - FINANCE - BUSINESS / Competition

Opening of detailed investigation of KME's acquisition of MKM

On Monday 23 July, the European Commission opened an in-depth investigation of the planned acquisition of MKM by KME, fearing that the deal would reduce competition on the market for the supply of laminated copper products and sanitary copper tubes. 

Both companies are registered in Germany and are active in the manufacture and marketing of copper products, including laminated cooper products, copper alloys and sanitary copper tubes.  These products are used in the design of a number of...

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