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Commission clears Sea-Invest's purchase of an interest in EMO-EKOM after Phase II investigation

The European Commission today announced its unconditional clearance of the purchase by Sea-Invest N.V. of a stake in EMO B.V. and EKOM B.V. ("EMO-EKOM"), which will give Sea-Invest joint control over EMO-EKOM for the purposes of the EC Merger Regulation. EMO-EKOM owns and operates Europe's largest terminal for handling dry bulk cargoes (in particular, iron ore and coal), located in the port of Rotterdam. Sea-Invest is involved in dry bulk handling activities in a number of ports in Europe and elsewhere (including at Antwerp, Dunkirk and Ghent). The Commission undertook an extended Phase II investigation into the acquisition, but ultimately cleared the transaction without conditions, and without issuing a Statement of Objections.

CRA International's London office provided economic advice to Sea-Invest throughout the proceedings before the Commission.

See Commission press release

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