The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Silver Star of Bulgaria by Inchcape International Holdings Limited (‘Inchcape’) of the UK.
The transaction relates primarily to the sale of motor vehicles in Bulgaria.
The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market position resulting from the proposed transaction. The notified 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.12412.
