May 11
2021
Juan Jonás
share
4th May 2021
Competition & State Aid

Commission clears acquisition of Essent Belgium by Luminus

The European Commission has approved, under the EU Merger Regulation, the acquisition of 

Essent Belgium NV (gas and electricity retail supplier for small industrial and commercial customers, as well as for residential customers)

by

Luminus S.A., of Belgium (subsidiary of the French group EDF which produces and supplies electricity and gas in Belgium). 

The Commission concluded that the proposed acquisition would raise no competition concerns after taking into account the following aspects: 

the moderate market shares held by the companies in the retail supply of gas and electricity to small industrial, commercial and residential customers in Belgium; the limited increase in the market shares of the new entity; and
×

Your privacy is important for us

We use cookies to improve the user experience. Please review privacy preferences.

Accept all Settings

Check our privacy policy and cookies policy.

Cookies