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Image header Agence Europe
Europe Daily Bulletin No. 9485
Contents Publication in full By article 14 / 24
GENERAL NEWS / (eu) eu/competition

Commission clears proposed acquisition of Eco by Luvata, subject to conditions

Brussels, 22/08/2007 (Agence Europe) - On 3 August the European Commission approved the proposed acquisition of the Italian company Eco by the Finnish group Luvata. Both companies are major suppliers of heat exchangers. The Commission's decision is conditional upon the divestiture of one of Luvata's plants in Europe where coils for condensing units and most coils for air-conditioning are manufactured. In light of these commitments, the Commission has concluded that the transaction would not...

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