The EU Commission clears a merger subject to remedies in the aerospace equipment industry (Spirit / Asco)

Mergers: Commission approves acquisition of Asco by Spirit, subject to conditions* The European Commission has approved, under the EU Merger Regulation, the acquisition of Asco by Spirit. Both companies are active in the aerospace equipment industry worldwide. The approval is conditional on full compliance with commitments offered by Spirit. Spirit and Asco are both active in the aerospace equipment industry worldwide. Both companies supply aerostructures, which are components for wings, fuselage, and nacelles, for aircraft manufacturers such as Airbus and Boeing. The Commission's investigation The Commission's investigation found that the proposed merger would raise no competition concerns regarding vertical supply relationships or horizontal overlaps in the same markets because:

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European Commission, The EU Commission clears a merger subject to remedies in the aerospace equipment industry (Spirit / Asco), 20 March 2019, e-Competitions Bulletin March 2019, Art. N° 89845

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