European Commission - Daily News
Brussels, 14 March 2016
The European Commission has approved under the EU Merger Regulation the acquisition of the Global Closure Systems group of companies ("GCS"), headquartered in France, by the UK RPC Group.
RPC is active in the design and engineering of plastic products for the packaging and non-packaging sectors. GCS is a manufacturer of closures and dispensing systems for consumer products.
The Commission concluded that the proposed transaction would raise no competition concerns because the overlaps between the companies' activities resulting from the proposed transaction are limited. The operation was assessed under the simplified merger procedure. More information is available on the Commission's competition website in the public case register under the case number M.7928.
(For more information: Ricardo Cardoso – Tel. +32 229 80100; Carolina Luna Gordo – Tel.: +32 229 68386)
Source: Europa.eu (Copyright European Commission)