Bouyer Leroux's acquisition of Imerys Structure is approved

The French competition authority has approved the acquisition of terracotta brick specialist Imerys Structure by cooperative brick manufacturer Bouyer Leroux. Following an in-depth examination of the acquisition, the authority has ruled that the group must sell 25,000tonnes of wall bricks at cost price to two competitors or a wholesaler active in the distribution and trade networks in Aquitaine each year for a five-year period. As for the new entity's quasi-monopoly on the manufacturing of partition bricks
July 30, 2013 Read time: 1 min

RSSThe French competition authority has approved the acquisition of terracotta brick specialist 2912 Imerys Structure by cooperative brick manufacturer Bouyer Leroux.

Following an in-depth examination of the acquisition, the authority has ruled that the group must sell 25,000tonnes of wall bricks at cost price to two competitors or a wholesaler active in the distribution and trade networks in Aquitaine each year for a five-year period.

As for the new entity's quasi-monopoly on the manufacturing of partition bricks in the west of France, the competition authority judged that this did not pose a problem as the bricks could be easily substituted with other products.

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The activity concerns chimney blocks, wall and partition blocks. Retroactive as of 1 May, 2013, the value of the transaction stood at €75 million.

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