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Πέμπτη 9 Ιουνίου 2016

Mergers: Commission clears acquisition of PitPoint.LNG by Primagaz Nederland

The European Commission has approved under the EU Merger Regulation the acquisition of joint control over PitPoint.LNG by Primagaz Nederland B.V., both of the Netherlands. PitPoint.LNG is a retail supplier of liquefied natural gas for motor vehicles. Primagaz Nederland is, amongst others, active in the trade and distribution of liquefied petroleum gas and in the retail of liquefied natural gas for heating purposes. The Commission concluded that the proposed acquisition would raise no competition concerns, because the companies' activities do not overlap. The transaction was examined under the simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.8013.