Three merger approval decisions approved
Last Friday, the European Commission announced its approval of three mergers under the EU Merger Regulation:
Acquisition of joint control over Alcomotive by Beran
Beran Central Europe of Spain (jointly controlled by Berge Group, Mitsubishi Corporation and Inmobiliaria Algeciras Limitada) has been given approval to acquire joint control over Alcomotive NV of Belgium (import and wholesale distribution of 4-wheel motor vehicles).
Alcomotive will thus be jointly controlled by Beran and Alcopa Coordination Centre NV of Belgium (the holding company of the Alcopa Group).
The Berge Group of Spain is active in maritime ports, distribution of motor vehicles, logistics, renewable energy and finance. Mitsubi