Brussels, 14/05/2003 (Agence Europe) - The European Commission has authorised the acquisition of Danske Traelast by UK investment group CVC. Dansk Traelast is a building material wholesaler and retailer active in Denmark, Sweden, Finland and Norway. CVC manages investments on behalf of investment funds and already has a controlling interest in companies active in the manufacture, wholesale and retail sale of products such as cement, pipes, and lighting, insulation and gardening products. Dankse Traelast also sells these products, but the combined market shares of the parties do not raise competition concerns, as they are either active in different countries, or their activities present only minor overlaps.