The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Athlon Car Lease International B.V. (‘Athlon’) of the Netherlands by Arval Service Lease S.A. (‘Arval’) of France, which is controlled by BNP Paribas Group.
The transaction relates primarily to operational leasing markets.
The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active. The Commission found that the parties would continue to face competition from other established players on the market and that their own position in all the markets where their activities overlap would remain, at most, moderate. The notified transaction was examined under the normal merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.12416.
