Jurisdiction(s):
United Kingdom

Key definition

Group definition

What does Group mean? Group describes, in practice, the corporate family around a company: that company, its subsidiaries, its holding (parent) company, and the subsidiaries of that holding company. While “group” itself is a descriptive label, the constituent terms are defined in legislation: in the UK, Companies Act 2006 defines “subsidiary” and “holding company” (s.1159) and “parent/subsidiary undertaking” and “group undertaking” (ss.1161–1162); in Ireland, the Companies Act 2014 defines “subsidiary” and “holding company” (eg s.7). Practitioners commonly incorporate those statutory definitions by reference. Typical contractual usage is: in relation to a company, that company, any subsidiary or holding company [from time to...

European Commission clears Dow/DuPont (M.7932) subject to commitments: divest DuPont pesticide business including R&D and Dow acid copolymers/ionomers; innovation and competition concerns; 27 March 2017

Published by a LexisNexis Competition expert

Practice notes

This archived case hub sets out the status as at the decision date of 27 March 2017; it is no longer updated. See also the timeline, commentary and related cases.

Case facts

European Commission merger review into the planned merger between Dow and DuPont (Case M.7932). The deal entails horizontal overlaps in markets for crop protection, seed and certain petrochemicals.

Latest developments

On 27 March 2017, the Commission cleared the Transaction subject to commitments.

Divest a substantial portion of DuPont’s current pesticide business, together with its R&D organisation.
Transfer two of Dow’s plants making acid co-polymers and a contract with a third party used to source ionomers.

Parties

Dow is a US-based company headquartered in Michigan. It is a diversified chemicals enterprise, part of a broader Group active in plastics and chemicals, agricultural sciences, and hydrocarbon and energy products and services. DuPont is a US-based company headquartered in Delaware. It engages in the research, development, manufacture, distribution and sale of a wide range of chemical products, plastics, agro-chemicals, paints, seeds and other materials.

Background

Under the transaction, announced by the parties on 11 December 2015 and...

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Web page updated on 27/05/2026

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