European Commission clears acquisition of EEW Offshore Wind EU by EEW and Sumitomo
Published by Jessica Casey,
Editor
Energy Global,
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of EEW Offshore Wind EU by EEW Holding, both of Germany, and Sumitomo of Japan.
The transaction relates primarily to the manufacturing of large steel tubes used in the construction of offshore wind farms.
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the market structure. The notified transaction was examined under the simplified merger review procedure.
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Read the article online at: https://www.energyglobal.com/wind/06012025/european-commission-clears-acquisition-of-eew-offshore-wind-eu-by-eew-and-sumitomo/
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