Brussels, 14 November 2024
The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Marcegaglia Steel S.p.A. and Manni Group S.p.A. both of Italy.
The transaction relates primarily to the sector of insulation panels and construction sheets.
The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active. The notified transaction was examined under the normal merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11670.