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Europe Daily Bulletin No. 9048

14 October 2005
Contents Publication in full By article 29 / 39
GENERAL NEWS / (eu) eu/competition
Acquisition of Salomon by Amer Group is cleared subject to conditions

Brussels, 13/10/2005 (Agence Europe) - The Commission has authorised the acquisition of Salomon, which belongs to the German group, Adidas-Salomon AG, by the Finnish manufacturer of winter sports articles, Amer, subject to conditions. The deal is estimated at around EUR 485 million. “The commitments given by Amer will ensure that the merged entity will face sufficient competition pressure in all winter sport equipment markets”, Neelie Kroes states in a press release. Amer, which is...

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