Global Industrial Technologies, Inc., In the Matter of

Last Updated:
In the Matter of Global Industrial Technologies, Inc.
FTC Matter/File Number:

9810173

Enforcement Type:

Part 2 Consents

Case Summary

Global Industrial Technologies, Inc. agreed to restructure its proposed acquisition of AP Green Industries, Inc. to resolve FTC allegations that the merger would likely substantially reduce competition by combining the two largest domestic producers of glass-furnace silica refractories in the United States. Under the terms of a settlement, Global divested AP Green’s silica refractories business to a Commission-approved buyer.