Europe approves RHI Magnesita merger with conditions

By Davide Ghilotti
Published: Wednesday, 28 June 2017

RHI will have to divest its dolomite operation at two production sites in Spain and Italy, while Magnesita’s carbon-bricks business at Oberhausen, Germany, will also have to be sold.

The European Commission has approved the proposed acquisition of Brazilian refractory maker Magnesita Refratários by Austria’s RHI, but on condition that the latter divest its dolomite business, the authority said on 28 June.

EU authorities have cleared the merger process between the two refractories manufacturers, but posed a number...

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