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Europe Daily Bulletin No. 8010

20 July 2001
Contents Publication in full By article 27 / 57
GENERAL NEWS / (eu) eu/competition
Acquisition of Moelven by Finnforest is cleared

Brussels, 19/07/2001 (Agence Europe) - The European Commission has authorised the planned takeover of Moelven, a Norwegian producer of forestry products, by the Finnish company Finnforest, a subsidiary of Metsäliitto (paper pulp and paper products). The activities of Finnforest and Moelven overlap in hewn and sawn wood and in glued laminated timber. Their combined market share does not, however, exceed 15% in any of these sectors. As far as the modular systems for interior furnishings in...

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