Joint acquisition of Steel Centre Europe cleared

Approval has been granted by the Commission for the acquisition of joint control over Czech company Steel Centre Europe s.r.o. by the Spanish Bamesa Aceros S.L. and by the Japanese Sumitomo Corporation. SCE and Bamesa distribute steel through steel service centres in different geographical markets. Sumimoto is active in a range of trades.

Click here to read the Commission’s press release on this merger, published today.