A PYMNTS Company

Finland: Authorities want plastic pipe merger blocked

By  |  March 19, 2013

The Finnish Competition and Consumer Authority has announced it will act to block a merger between two manufacturers of plastic pipe, citing that the deal will likely increase costs for consumers. Uponor and KWH Group have joined their pipe infrastructure businesses in a move announced last September; according to the companies, the merger is the result of intensified competition combined with falling demand. The case will now be referred to the Market Court, which can approve or prohibit the merger.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: European Plastics News

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.