13/06/2021  ore 10:32   
   Chi siamo  |  Parlano di noi  |  
 HOME |  PRIMO PIANO |  Economia |  Convegni corsi |  Sport |  Eventi |  Promo
Mergers: Commission opens in-depth investigation into proposed acquisition of Trimo by Kingspan  

15/04/2021 | Economia |  Daily News 13 / 04 / 2021

Source: European Commission Spokesperson's Service  

The European Commission has opened an in-depth investigation to assess the proposed acquisition of Trimo, arhitekturne rešitve, d.o.o. (‘Trimo') by Kingspan Group plc (‘Kingspan'), under the EU Merger Regulation. KingspanandTrimo are both leading companies in the market for mineral fibre sandwich panels, which are used for the construction, renovation and insulation of a variety of industrial and commercial buildings. At this stage, the Commission is concerned that the proposed transaction could significantly reduce competition for mineral fibre sandwich panels in Czechia, Denmark, France, Hungary, Slovakia, Slovenia and the UK. In each of these countries, Kingspan and Trimo would hold high combined market shares, both offering high quality products and services while facing limited competition from suppliers able to offer products and services of a comparable quality. Moreover, in most of these countries the remaining competitors would be significantly smaller than the merged entity. In addition, the market for mineral fibre sandwich panels seems to be characterised by relatively high barriers to entry and expansion. The Commission will now carry out an in-depth investigation into the effects of the proposed transaction to determine whether it is likely to significantly impede effective competition. The Commission now has 90 working days, until 20 August 2021, to take a decision. The opening of an in-depth investigation does not prejudge the outcome of the investigation. Executive Vice-President Margrethe Vestager, responsible for competition policy, said: “Together, Kingspan and Trimo would be by far the largest player in Europe and the main supplier of high quality mineral fibre sandwich panels. These products are important for a better insulation and energy efficiency of industrial and commercial buildings, which are key to achieve the objectives of the European Green Deal. We need to ensure a healthy competitive landscape for all the businesses relying on these products to insulate their buildings.” 

« Indietro    Pubblica su: 
OkNotizie Del.icio.us! Google! Facebook! Share
Tag clouds
depth fibre industrial mineral these Trimo would buildings European insulation Kingspan sandwich services significantly both competition countries investigation products commercial Commission high market panels proposed quality transaction which
Ultime news - tutte le categorie
  I ragazzi del Lepido Rocco danno lo start al progetto Milano – Cortina e la generazione 2026
11 giugno 2021
Convegni e corsi
  Ciclo di seminari gratuiti: ''Parla con noi della proprietà industriale''
11 giugno 2021
  Sport. Trevisatletica: in otto ai tricolori di Grosseto
10 giugno 2021
  Montebelluna, Maffioli: le Classi Potrebbero Essere Ospitate nell’Oratorio del Duomo
10 giugno 2021
  IQI, Qualità delle Istituzioni Pubbliche: la Provincia di Treviso al Terzo Posto Assoluto in Italia. Marcon: Merito di Amministrazioni Locali e Cittadini
11 giugno 2021