Romania's Competition Council has authorized the transaction through which Poland's Qemetica intends to take over, including through the investment vehicle Qemetica US Silica LLC, USA, the activities and assets related to the production and sale of precipitated silica belonging to US PPG Industries Inc.
Law firm Filip & Company assisted Poland’s Qemetica in securing the approval of Romania’s Competition Council in the acquisition of the precipitated silica product business of US PPG Group, a deal put at about $310 million.