EC says 'yes' to One Equity's acquisition of Columbian Chemicals

ERJ staff report (DS)

Brussels -- The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of Columbian Chemicals Holding LLC (CCH) of the US by One Equity Partners II L.P. (OEP), also of the US.

OEP is a private equity fund. CCH produces and sells carbon black, which is used as a pigment and reinforcement in rubber and plastic products. The operation was examined under the simplified merger review procedure.

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Press release from EC (scroll down, or search on 'CCH')