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Case number:


Type of case:

Mergers and acquisitions

Undertaking(s) concerned:

Globe Acquisition Corporation (Globe)
Emerson Electric Company (Emerson)
Avocent Corporation

Short description:

Globe Acquisition Corporation (Globe) is a wholly-owned subsidiary of Emerson Electric Company (Emerson). Globe is a corporation established only for the purpose of this acquisition. Following the completion of the acquisition of Avocent, Globe will break off.


The Hungarian Competition Authority granted authorisation to the acquisition of Avocent Corporation by Globe Acquisition Corporation.


10 December 2009

English summary of the decision in PDF