Brussels, 18/09/2007 (Agence Europe) - On Tuesday 18 September, the Commission approved the proposed acquisition of Univar NV of the Netherlands by the private equity buy-out company, CVC, Capital Partners Group S.a.r.l. of Luxembourg. The Commission examined the potential impact of the acquisition in the light of the imminent buy-out, by CVC, of the chemical products manufacturer, Taminco (merger approved by the Commission on 28 August). The examination showed that, although both Taminco and Univar are in the chemicals sector, the former is specialised in production and direct sales while the latter mainly handles distribution. Competition between the two companies is therefore limited and several strong and effective competitors are present in all the markets concerned. (cd)