Brussels, 18 March 2024
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Petrocargo Mineralöllogistik GmbH (‘Petrocargo’) and Hempelmann Wittemöller GmbH by Petronord GmbH & Co. KG, all three of Germany.
The transaction relates primarily to the market of retail sale of energy products.
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the market structure. 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.11217.
Source – EU Commission