KME’s acquisition of copper alloy producer MKM gets go-ahead from European Commission

KME, a major European copper alloy producer, has received approval from the European Commission to acquire its counterpart Mansfelder Kupfer und Messing (MKM) after five months of investigation over competition concerns, the EC said on Tuesday December 11.

The merger is unlikely to push up the company’s product prices due to its relatively low combined shares in the market of rolled products made of copper and copper alloys, according to the EC’s statement.

The acquisition will also not result in rising prices...


Julian Luk

December 12, 2018

14:07 GMT