The EU Commission authorizes, subject to conditions, the joint acquisition of a regional gas wholesaler by a German electricity company and an Italian gas and petroleum company (ENI / EnBW / GVS)

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EU Commission, Energie Baden-Württemberg / ENI / GVS, Case COMP/M.2822, 17 December 2002

"Merger Control: Main developments between 1st September 2002 and 31st December 2002"* On 17 December 2002 the European Commission authorised, subject to conditions, the joint acquisition of German regional gas wholesaler Gas Versorgung Süddeutschland (GVS) by German electricity firm Energie Baden-Württemberg AG (EnBW) and Italian gas and petroleum firm ENI S.p.A. The operation, as initially notified to the Commission, would have strengthened GVS‘s dominant position on the wholesale gas market in Baden-Württemberg, in South-West Germany, namely by securing GVS‘s hold on EnBW‘s local distributors.

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