The German Competition Authority clears a merger on the component suppliers to the automotive market (Veyance Technologies / Continental)

Press Release published on the official website of the German Competition Authority.

Bundeskartellamt clears acquisition of Veyance by Continental* In second phase proceedings the Bundeskartellamt has cleared the acquisition of Veyance Technologies, Inc., Fairlawn, Ohio/USA, by Continental AG. Both companies are component suppliers to the automotive industry. The merger project primarily affected the EEA-wide market for air springs for heavy-duty utility

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German Competition Authority, The German Competition Authority clears a merger on the component suppliers to the automotive market (Veyance Technologies / Continental), 12 September 2014, e-Competitions Bulletin September 2014, Art. N° 68924

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