Fri. Sep 20th, 2024

Brussels, 14 May 2024

The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by E.ON SE and OHB SE, both of Germany.

The transaction relates primarily to liquid hydrogen-powered electrical propulsion systems.

The Commission concluded that the notified transaction would not raise competition concerns, given that the joint venture has negligible activities in the European Economic Area and that the companies are not active in the same or vertically related markets. The notified 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.11491.

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