The German Competition Authority conditionally clears a merger in the market for the production of ready-mix asphalt following a referral from the EU Commission (FIMAG / Züblin)

The operation On 26 August 2005, Finanz Industrie Management AG, Wien (“FIMAG”) notified the European Commission of its proposed acquisition of 48.7% of the shares of Ed. Züblin AG, Stuttgart (“Züblin”). 4.9% of Züblin's shares had previously been acquired by Strabag SE, a wholly-owned subsidiary of FIMAG. On 18 November 2005, FIMAG notified the Commission that it was intended that Strabag SE, not FIMAG, would be the holder of the 48.7% additional shareholding. Strabag SE is the controlling company of the Strabag Group (“Strabag”), which is active in the field of structural engineering and road construction, especially in Germany, Austria and Eastern Europe. Strabag SE is 100% owned by FIMAG. Züblin and its subsidiary Roba were part of Walter Bau AG, an internationally active construction

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.

 

PDF Version

Author

Quotation

Jonas S. Brueckner, The German Competition Authority conditionally clears a merger in the market for the production of ready-mix asphalt following a referral from the EU Commission (FIMAG / Züblin), 28 September 2006, e-Competitions September 2006, Art. N° 20776

Visites 2116

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues