EC Clears Paloma Rheem / Groupe Atlantic Merger Under Simplified Procedure

The European Commission issued a Phase 1 decision under Article 6(1)(b) of the EU Merger Regulation clearing the proposed acquisition of Groupe Atlantic by Paloma Rheem. The transaction involves economic activities in the manufacture of central heating radiators, boilers, electric domestic appliances, and non-domestic air conditioning equipment, as well as wholesale of hardware and heating equipment. The merger was reviewed under the simplified procedure, which is used for acquisitions that do not raise competition concerns requiring a full investigation.

For the merging parties Paloma Rheem and Groupe Atlantic, the clearance represents the conclusion of the EU merger control review process. As the transaction involves only a Phase 1 review with no competitive concerns identified, no remedies, commitments, or further obligations arise from this decision. The parties may proceed with completing the transaction in accordance with applicable national laws.