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Image header Agence Europe
Europe Daily Bulletin No. 8299
Contents Publication in full By article 23 / 48
GENERAL NEWS / (eu) eu/competition

Commission clears acquisition of H&R and Dragoco by EQT

Brussels, 17/09/2002 (Agence Europe) - Under the Merger regulation, the European commission cleared on 17 September the private equity fund EQT northern Europe, which is ultimately controlled by Sweden's Investor AB, taking over two German-based flavour and fragrances manufacturers, Hermann & Reimer GmbH (H&R) and Dragoco Gerberding & CO AG. The Commission's market investigations indeed showed that even after the acquisition there would be sufficient competition on the European market for the flavour, Fragrances, aroma chemicals and cosmetic ingredients concerned.

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