EU COMMISSION APPROVES TAKEOVER OF ALUMINIUM COMPANY CORIALIS

The European Commission today cleared the acquisition of the Corialis Group, a European supplier of aluminium extrusion services and aluminium doors and windows, by Advent International Corporation, a US investment firm. A Commission communiqué said the deal “would not raise competition concerns as Advent is not active in any market in which Corialis is active” at present, notably the aluminium sector.Corialis owns subsidiaries operating in Austria, Belgium, Britain, Croatia, the Czech Republic, Denmark, France, Germany, Hungary, Ireland, Italy, Luxembourg, ...


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