A PYMNTS Company

Apollo’s acquisition of Taminco approved

By  |  February 13, 2012

The European Commission has approved the acquisition of Taminco by Apollo. Taminco is a Belgian manufacturer of alkylamines and derivatives; Apollo is a US-based private equity fund. After investigation, the Commission found that Taminco’s activities do not overlap with any other Apollo-controlled company’s activities. Furthermore, although a vertical relationship would be created for the Taminco-created input of methylamine, the merged entity would continue to face competition from other methylamine suppliers. 

    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.

    Source: EC Press Release