On Monday 13 March, the European Commission unconditionally approved the acquisition of the nitrogen business of the Austrian group Borealis AG (Borealis NITRO) by the Czech group AGROFERT, as the transaction would raise “no competition concerns” in the European Economic Area (EEA).
Borealis AG and AGROFERT are both companies active in the agricultural and chemical sectors. They compete in the production and sale of nitrogen fertilisers, AdBlue liquid and other technical nitrogen...