Just Drinks
October 1st, 2001
From Alan Osborn
The British drink can manufacturer Rexam plc is to sell its beverage can
plants at Runcorn in the UK and its factory in France to the German company
Schmalbach-Lubeca under a deal approved today Tuesday by the European
Commission. Brussels said it had no concerns about competition. The sales
are a condition of last year's deal under which Rexam acquired American
National Can. Sale of a third Rexam plant, at Gelsenkirchen in Germany, is
under scrutiny by the Commission.
The British drink can manufacturer Rexam plc is to sell its beverage can
plants at Runcorn in the UK and its factory in France to the German company
Schmalbach-Lubeca under a deal approved today Tuesday by the European
Commission. Brussels said it had no concerns about competition. The sales
are a condition of last year's deal under which Rexam acquired American
National Can. Sale of a third Rexam plant, at Gelsenkirchen in Germany, is
under scrutiny by the Commission.
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