Brussels, 19 December 2024
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Regensburg Logistics Asset of Germany by SEGRO plc of the UK and Public Sector Pension Investments Board (‘PSPIB’) of Canada.
The transaction relates primarily to the renting and operating of real estate.
The Commission concluded that the notified transaction would not raise competition concerns, given that Regensburg Logistics Asset has negligible activities in the European Economic Area and given the companies’ limited combined and individual market positions resulting from the proposed transaction. 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.11765.