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Τρίτη 21 Ιουνίου 2016

Mergers: Commission clears acquisition of Dansk Fuels by DCC

The European Commission has approved under the EU Merger Regulation the acquisition of Dansk Fuels by DCC, both of Denmark. The current transaction is related to case M.7603, pursuant to which Statoil Fuel and Retail acquired Shell's wholesale and retail fuels business in Denmark. As a condition to the Commission's clearance of that transaction, Statoil Fuel and Retail undertook to divest certain assets, which are all part of Dansk Fuels. Dansk Fuels’ assets consist of wholesale supply of aviation fuels and refined oil products, as well as the retail supply of motor fuels via a nationwide network of 205 Shell-branded fuel stations in Denmark. DCC is part of DCC plc of Ireland which operates in technology, healthcare, environment and energy sectors in the EEA. In Denmark DCC plc is only active on the market for wholesale supply of refined oil products, as a distributor of Shell-branded commercial fuels. The Commission concluded that the proposed acquisition would raise no competition concerns, because the transaction would give rise to only limited changes in the market structure. More information is available on the Commission's competition website, in the public case register under the case number M.8000.