#52026M12359EU merger notice for Mutares’ planned acquisition of Jadeed
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
Mutares plans to acquire sole control of Jadeed, the carved-out engineering thermoplastics business of SABIC in Europe and the Americas. Jadeed supplies polycarbonate, polybutylene terephthalate and ABS plastics used in sectors such as automotive, construction, healthcare, electronics and consumer goods. The European Commission is reviewing whether the deal falls under EU merger control and says it may qualify for the simplified procedure. Competitors, customers and other interested parties have 10 days from publication to send comments to the Commission.
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Key Changes
- Mutares plans to acquire sole control of Jadeed through a share purchase.
- The deal covers SABIC’s carved-out engineering thermoplastics business in Europe and the Americas.
- Interested third parties have 10 days from publication to submit comments to the European Commission.