The Competition Board has finalized decisions on some merger and joint control establishment applications.
According to the announcement on the Competition Authority’s website, the Board granted individual exemption for the One Ton Van Development and Supply agreements between Ford Motor Company and Volkswagen AG, as well as for the One Ton Cargo Van Contract Manufacturing and Supply agreements between Ford Motor Company and Ford Otomotiv Sanayi AŞ, based on the compliance with the relevant provisions of the Law on the Protection of Competition.
Permission was granted for the establishment of joint control over EXOES and E-MERSIV (EXOES Group) by a new holding company (HOLD-CO) to be jointly established by Arnaud Desrentes and Remi Daccord, the founding shareholders of EXOES and E-MERSIV (EXOES Group), by Fonds Avenir Automobile 2 under the control of Bpifrance Investissement, Meridiam Green Impact Growth Fund under the control of Meridiam SAS, and EXOES.
The acquisition of full control of Axonics Inc. by Boston Scientific Corporation was found suitable.
The acquisition of all shares and control of Metafor Renewable Energy and Electricity Generation Inc. and Knot Energy Electricity Generation Inc. by İş Enerji Yatırımları AŞ was deemed appropriate.
The acquisition of all shares of IDC International Dialysis Centers Ltd. Şti., Fresenius Health Services Inc., and Fresenius Nephrology Services Inc., currently controlled by Fresenius Medical Services Inc., by Daviva Renal Management Services Inc. was decided.
The acquisition of sole control of Belimed AG and Belimed Life Science AG by Miele Beteiligungs-GmbH through Imanto AG was approved.
The acquisition of sole control of Barentz Holding B.V. by Cinven Limited through Barley Bidco B.V. was found appropriate.
The establishment of a fully functional joint venture by Mitsui & Co., Ltd., Osaka Gas Co. Ltd., and RWE Offshore Wind GmbH was permitted.
Permission was granted for the acquisition of a portion of the shares and sole control of Fertiglobe plc, currently under joint control of OCI Fertilizers B.V. and ADNOC Fertilizers-Sole Proprietorship L.L.C., by ADNOC Fertilizers-Sole Proprietorship.
The acquisition of movable assets and full control of Gülsan Synthetic Weaving Industry and Trade Inc.’s natural gas simple cycle power plant facility in Gaziantep by Aksa Enerji Talimarjan FE LCC, an indirect subsidiary and group company of Aksa Enerji Üretim AŞ, was approved.
The establishment of joint control over VRLab Academy Software Inc. (VRLAB) by granting veto power to certain B and D group shareholders regarding certain decisions to be taken by the board of directors was found suitable.
The acquisition of sole control of MIM Software Inc. by GE Healthcare Technologies Inc. was permitted.
The indirect acquisition of sole control of Valeo Thermal Commercial Vehicles Germany GMBH by H.I.G. Capital, LLC through H.I.G. Europe Middle Market Holdings L.P. was approved.
The acquisition of all shares and sole control of Öncü Çimento Yatırım AŞ by CABA Çimento Sanayi ve Ticaret AŞ through AC Çimento Sanayi ve Ticaret AŞ was approved.
Permission was granted for the acquisition of a portion of the shares and sole control of Kemer Medical Center Private Healthcare Services Tourism and Trade Inc., operating in the private hospital management sector in Antalya under the Anatolia Hospital brand, by Koç Holding AŞ.
The establishment of joint control over Duffle Travel Retail Platform GmbH by GHARAGE Ventures GmbH, Dufry International AG, and Takeaway.com Central Core B.V. was approved.
source: aa.com.tr/ prepared by Melisa Beğiç