The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Gordon Technologies, L.L.C. of the US by ADNOC Drilling Company P.J.S.C. (‘ADRILL’) and Alpha Dhabi Holding P.J.S.C. (‘ADH’) both of the United Arab Emirates.
The transaction relates primarily to the onshore and offshore drilling and oilfield services sector.
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area. 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.11635.