Krone: EU approves acquisition in Germany
(CercleFinance.com) - Under EU Merger Regulations the European Commission has approved the acquisition of sole control of Schwarzmüller Management & Service GmbH (Austria) and Wilhelm Schwarzmüller KG Anhänger-und Karosseriefabrik (Germany) (together, the Schwarzmüller Group) by Krone Commercial Vehicle and Bernard Krone Familienstiftung (together, the Krone Group), both of which are from Germany.
The transaction mainly concerns the market for the production and sale of road transport equipment used for the transport of goods by road.
The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active.
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The transaction mainly concerns the market for the production and sale of road transport equipment used for the transport of goods by road.
The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active.
Copyright (c) 2024 CercleFinance.com. All rights reserved.