BRUSSELS CLEARS GERMAN METAL PAINT TAKEOVER
July 1st, 2009
BY KEITH NUTHALL
THE ACQUISITION of German metal surface coating producer Tinox GmbH by fellow German companies Almeco GmbH and MAGE Industrie Holding AG (MAGE) has been approved by the European Commission, without conditions. Brussels assessed the deal using its competition authority powers, because the companies trade outside Germany. Almeco produces and sells metal surfaces treatment and lighting reflectors; MAGE, roof accessories.
ENDS
THE ACQUISITION of German metal surface coating producer Tinox GmbH by fellow German companies Almeco GmbH and MAGE Industrie Holding AG (MAGE) has been approved by the European Commission, without conditions. Brussels assessed the deal using its competition authority powers, because the companies trade outside Germany. Almeco produces and sells metal surfaces treatment and lighting reflectors; MAGE, roof accessories.
ENDS
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