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Valentina R., lawyer
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
On 31 October 2014, the Commission received notification of a proposed concentration pursuant to Article 4 of the Council Regulation (EC) No 139/2004 (“EUMR”) by which Eastman Chemical Company (“Eastman”) entered into an agreement (“Agreement”) with Taminco Corporation (“Taminco”) and Stella Merger Corp (“Merger Sub”), a wholly-owned subsidiary of Eastman. Pursuant to the Agreement, at the closing of the Transaction, Merger Sub will merge with and into Taminco, with Taminco surviving the merger as a wholly-owned subsidiary of Eastman. As a result of the Transaction, Eastman will acquire sole control over Taminco. The Transaction constitutes a concentration within the meaning of Article 3(1)(b) of Council Regulation (EC) No. 139/2004.
The business activities of the undertakings concerned are:
• Eastman: Manufacturing, development, distribution and marketing of chemicals, plastics and fibers.
• Taminco: Manufacturing of alkylamines and its derivatives, and formic acid and its derivatives.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.