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Image header Agence Europe
Europe Daily Bulletin No. 8177
Contents Publication in full By article 23 / 31
GENERAL NEWS / (eu) eu/competition

Green light for Dutch steel joint venture

Brussels, 21/03/2002 (Agence Europe) - The Commission has authorised IHC Holland NV and ODS BV to jointly acquire Metalix, a newly formed joint venture active in specialised processing of hot-rolled flat steel products. The joint venture will also do aluminium processing and certain value-added services. The Commission's market investigation revealed that in view of Metalix' relatively modest share of steel processing markets in the Netherlands and neighbouring areas, the operation would not have any significant competitive impact.

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