11 May 2016
The Finnish Competition and Consumer Authority FCCA approved the acquisition of Värmelux Oy by Inwido Finland Oy, a manufacturer of doors and windows, on 10 May 2016.
Värmelux's subsidiary Suomen Lämpöikkuna Oy performs renovations of doors and windows under the Lämpölux brand. The overlaps between Inwido Finland and Värmelux businesses are restricted to sales operations related to doors and windows, because Värmelux does not manufacture those that it sells in Finland. According to the FCCA's assessment, the acquisition will not significantly impede effective competition, or have any material negative impact on competition.
The FCCA's decision includes the business secrets of the parties involved. The decision can only be published after all confidential information has been removed, which will take approximately two weeks.
Further information: Hanna Kaiponen, Senior Research Officer, tel. +358 29 505 3620