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Federal Trade Commission, Plaintiff v. RAG-Stiftung; Evonik Industries AG; Evonik Corporation; Evonik International Holding B.V.; One Equity Partners Secondary Fund, L.P.; One Equity Partners V L.P.; Lexington Capital Partners VII (AIV I), L.P.; PeroxyChem Holding Company LLC; PeroxyChem Holdings, L.P.; PeroxyChem Holdings LLC; PeroxyChem LLC; and PeroxyChem Cooperatief U.A., Defendants.
FTC Matter/File Number
191 0029
Enforcement Type
Federal Injunctions
Federal Court
District of Columbia

Case Summary

The Federal Trade Commission authorized an action to block Evonik Industries AG’s proposed $625 million acquisition of PeroxyChem Holding Company, alleging the merger of the chemical companies would substantially reduce competition in the Pacific Northwest and the Southern and Central United States for the production and sale of hydrogen peroxide, a commodity chemical used for oxidation, disinfection, and bleaching.