Thu. Sep 19th, 2024

Brussels, 22 August 2023

The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Samskip Holding B.V. (‘Samskip’) of the Netherlands, Duisburg Hafen AG (‘Duisport’) and TX Logistik AG (‘TX LogistiK’), both of Germany.

The joint venture will operate the bi-modal rail/road terminal located in Krefeld-Uerdingen, Duisburg (‘Ziel Terminal’). Samskip is a global logistics company offering transport and related services by land, sea, rail and air. Duisport is the owner of the Ziel Terminal and it currently manages the port of Duisburg and other terminals located within a radius of 200 km of Ziel Terminal. TX Logistik is a rail logistics company operating in Europe.

The Commission concluded that the proposed acquisition would raise no competition concerns, because of its limited impact on the market. The 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.11065.

Source – EU Commission

Forward to your friends