The German Federal Cartel Office prohibited the takeover because it was expected to create a dominant position for Xella in the market for aerated concrete and lightweight concrete blocks in the North German and West German regional markets.The company was not able to acquire a majority stake in H+H International.
The German Federal Cartel Office prohibited the takeover because it was anticipated to establish Xella's dominant position in the aerated concrete and lightweight concrete blocks market in North Germany and West Germany. The company could not acquire a controlling stake in H+H International.