Resolutions > Resolutions of the GVH > Resolutions 2008

Vj-146/2008/68

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Case number:

Vj-146/2008

Type of case:

Mergers and acquisitions

Undertaking(s) concerned:

Cemex AG
Strabag SE

Short description:

In July 2008 Strabag SE one of Europe-s leading construction groups signed a contract to purchase all the shares of Cemex Austria AG.

Decision:

The Hungarian Competition Authority (GVH) approved the acquisition of control over Cemex AG by Strabag SE on condition that the buyer makes Cemex divest itself of the plant producing premixed concrete in Salgótarján and sell it to an independent undertaking.

Date:

9 February 2009

English summary of the decision in PDF