On Tuesday 5 April, the European Commission opened an in-depth investigation into the proposed acquisition of Pfleiderer Polska by Kronospan. The Commission is concerned that the merger will reduce competition in the market for the supply of various types of woodboard panels in Poland and neighbouring countries.
Kronospan (Austria) and Pfleiderer Polska (Poland) are leading suppliers of wood-based panels in Europe.
The initial investigation revealed a number of concerns related to the...