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Anjum Shabbir
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18th February 2020
Competition & State Aid

Acquisition of Hitachi Chemical by Showa Denko receives Commission approval

The acquisition of one Japanese company, Hitachi Chemical Ltd (manufacturer and seller of electronic, inorganic, polymer science and printed wiring board materials, advanced components and systems), by another, Showa Denko K.K. (manufacturer and seller of petrochemicals, chemicals, electronics, inorganics, aluminum, and construction materials), has been approved by the Commission.

The decision was based on there being no competition concerns raised by the proposed merger, as there are very limited horizontal overlaps and vertical relationships between the companies’ activities.

Read more in the Commission’s press release.

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