Key highlights
- Lone Star Fund XII, L.P. will acquire sole control of Domo Chemicals' Engineering Plastics Division (Belgium).
- Transaction covers supply of engineering plastics for industrial applications and was cleared by the European Commission under the EU Merger Regulation.
- Commission found no competition concerns and reviewed the deal via the simplified procedure (case M.12398).
Transaction
The European Commission approved under the EU Merger Regulation the acquisition of sole control of Domo Chemicals' Engineering Plastics Division (Belgium) by Lone Star Fund XII, L.P.
Scope
The transaction primarily concerns the supply of engineering plastics for industrial applications.
Regulatory outcome
The Commission found no competition concerns due to the parties' limited market positions and examined the case under the simplified merger review procedure (case M.12398).
