Brussels, 19 December 2024
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Schwarzmüller Management & Service GmbH of Austria and Wilhelm Schwarzmüller GmbH & Co. KG Anhänger-und Karosseriefabrik of Germany (together the ‘Schwarzmüller Group’) by Krone Commercial Vehicle SE and Bernard Krone Familienstiftung (together the ‘Krone Group’), both of Germany.
The transaction relates primarily to 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. The notified transaction was examined under the normal merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11657.