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Hamelin wins German approval for Pelikan takeover

( December 5, 2023, 12:26 GMT | Official Statement) -- MLex Summary: French group Hamelin has received German competition approval for its plans to acquire stationery products maker Pelikan following an in-depth review, the Bundeskartellamt said today. Despite the companies' high combined market shares in certain segments, the watchdog nevertheless concluded that sufficient alternative suppliers would remain on the market. The office therefore doesn't expect the deal would lead to a significant impediment to effective competition, competition head Andreas Mundt said.Statement follows (in German). ...

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