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Industry buzz

EU Commission clears Dow Chemical acquisition of Rohm and Haas

The Dow Chemical Company said it received confirmation on January 08 that the European Commission was declaring its proposed acquisition of speciality chemicals manufacturer Rohm and Haas Company compatible with the European common market’s competition and anti-trust rules. [1]

With annual sales of USD 54 billion and 46,000 employees worldwide, Dow is a diversified chemical company that delivers a broad range of products and services to customers in around 160 countries, and various industries, from fresh water, food and pharmaceuticals to paints, packaging and personal care products.

Footnotes

[1] Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings (the EC Merger Regulation)

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