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Article d’actualité22 septembre 2021

Mergers: Commission clears acquisition of TVH Parts by D'Ieteren and Wehold

Illustration: Poignée de main devant le drapeau européen
© Union européene 2019 - Photographe. Mauro Bottaro

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over TVH Parts Holding NV (‘TVH Parts') by D'Ieteren Group SA/NV (‘D'Ieteren'), both of Belgium, and Wehold S.à.r.l. of Luxembourg. TVH Parts is active mainly in the distribution of spare parts for material handling, construction, industrial and agricultural machinery.

D'Ieteren is active, among other activities, in automobile distribution and vehicle glass repair and replacement. Wehold is the holding company for the Thermote family's participations in TVH Parts and certain other portfolio companies.

The Commission concluded that the proposed acquisition would raise no competition concerns, because there is no overlap between the activities of the companies. The transaction was examined under the simplified merger review procedure.

More information is available on the Commission's competition website, in the public case register under the case number M.10417.

Détails

Date de publication
22 septembre 2021