European Commission - Daily News
Brussels, 4 July 2016
The European Commission has approved under the EU Merger Regulation the acquisition of British Polythene Industries (BPI) by RPC Group, both based and listed in the United Kingdom.
BPI is a manufacturer of flexible plastic products, namely polythene film, bags and sacks. RPC is a rigid plastic packaging products design and engineering company for the food and non-food, consumer and industrial sectors.
The Commission concluded that the proposed acquisition would raise no competition concerns, given the absence of overlaps between RPC's and BPI's activities. Indeed RPC focuses on rigid packaging solutions while BPI is a manufacturer of flexible packaging solutions. The transaction was examined under the simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.8079.
(For more information: Ricardo Cardoso – Tel.: +32 229 80100; Giulia Komel – Tel.: +32 229 61175)
Source: Europa.eu (Copyright European Commission)