First Conditional Clearances By The Egyptian Competition Authority

In late 2025 the Egyptian Competition Authority (ECA) for the second time granted conditional clearance for Ritter Holding AG's acquisition of OC Oerlikon Textile Holding AG via Favicone. Following its substantive review, the ECA identified potential competitive risks in the Egyptian market for certain air-jet weaving spare parts and components. Specifically, the ECA was concerned that the transaction could expand the parties' ability to and incentive for increasing prices post-acquisition. Particularly in a specialized market where alternatives may be limited. Rather than prohibiting the transaction, the ECA granted conditional clearance subject to behavioral commitments.

The ECA required the parties to: