The EU Commission clears a merger, subject to remedies, in the market of speed refrigeration compressors (Nidec / Embraco)

Mergers: Commission approves Nidec's acquisition of Embraco, subject to conditions* The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Nidec of Embraco, Whirlpool's refrigeration compressor business. The approval is conditional on compliance with Nidec's commitments. Commissioner Margrethe Vestager, in charge of competition policy, said: "Most people have at least one refrigeration compressor at home, in a fridge or a freezer. They are also used in restaurants or shops, inside beverage coolers or ice cream cabinets. The conditions under which we have approved Nidec's acquisition of Embraco ensure that effective competition will continue in this sector, so that industrial customers and final consumers will not be harmed due to higher

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European Commission, The EU Commission clears a merger, subject to remedies, in the market of speed refrigeration compressors (Nidec / Embraco), 12 April 2019, e-Competitions Bulletin April 2019, Art. N° 90386

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