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Acquisition

EU Commission clears acquisition of RPC by Berry

0:23 min Markets and Management
Brussels, Netherlands

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of RPC Group Plc ("RPC") of the United Kingdom by Berry Global Group, Inc. ("Berry") of the US.

RPC is active in the manufacture of plastic products, including packaging and non-packaging.

Berry is active in the manufacture of plastic packaging, non-woven specialty materials and engineered materials.

The Commission concluded that the proposed transaction would raise no competition concerns given the limited horizontal overlaps and vertical relationships between the companies' activities.

The transaction was examined under the simplified merger review procedure.

ec.europa.eu

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