Brussels, 5 March 2025
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of TI Fluid Systems plc of the UK by ABC Technologies Inc. of Canada.
The transaction relates primarily to the sale of automotive parts and components.
The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited combined 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.11835.