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Europe Daily Bulletin No. 12076

3 August 2018
ECONOMY - FINANCE - BUSINESS / Competition
In-depth investigation opened into planned acquisition of Aurubis Rolled Products and Schwermetall by Wieland
Brussels, 02/08/2018 (Agence Europe)

On Wednesday 1 August, the European Commission launched an in-depth investigation into the planned acquisition of Aurubis Rolled Products and Schwermetall by Wieland, amid concerns that the operation may bring about competition distortion on the market for the supply of copper components.

Wieland and Aurubis Rolled Products are both German companies active in rolled copper products and copper alloys, components used in the design of several products, particularly in electricity or...

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