The operation On 2 August 2006 the Bundeskartellamt was notified of the proposed acquisition of ABAC Aria Compressa S.p.A., Italy (“ABAC”) by a subsidiary of Atlas Copco AB, Sweden (“Atlas Copco”). Atlas Copco is the controlling company of a group that is active worldwide in manufacturing and supplying machines and tools for mining, compressors, generators and electric tools. Atlas Copco's annual worldwide turnover in 2005 was €5.7 billion. ABAC is globally active in manufacturing and distributing different types of compressors and systems for the provision of compressed air for commercial and industrial applications. On 8 February 2007 and after main examination proceedings, the merger was cleared by the Bundeskartellamt subject to the remedies described below. The market(s) The
The German Bundeskartellamt cleared a merger in the market for oil-injected compressors subject to remedies, including the divestment of the domestic business of one of the acquirer’s subsidiaries (Atlas Copco/ABAC)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.