Related topics: Packaging
The European Commission (EC) has given its approval for One Equity Partners to complete the takeover of aluminum, corrugated and flexible packaging supplier, Constantia Packaging.
The Commission held that the Austrian packaging acquisition would not significantly impede effective competition in the European Economic Area under the bloc’s merger regulations.
Though One Equity primarily makes investments for financial giant JP Morgan Chase, the EC said the two firms were not active in the same markets and therefore the transaction did not give rise to competition concerns.
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