The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Nordic Paper Holding of Sweden by Strategic Value Partners of the US.
The transaction relates primarily to the sale of specialty paper, notably kraft and greaseproof paper.
The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited combined market position resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.
Source: European Commission
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