21/10/2021  h. 19:33   
   Overview   |  
Mergers: Commission clears acquisition of joint control over Jetfly by Pierer Industrie, Palfinger and FSS

15/04/2021 | Economy |  Daily News 13/04/2021

Source: European Commission Spokesperson's Service

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Jetfly Airline GmbH (‘Jetfly’) by Pierer Industrie AG, Palfinger AG and FSS Vermögensverwaltung GmbH (‘FSS’), all of Austria. Jetfly is an airline operator primarily active in Austria providing commercial charter services. Pierer Industrie is an industrial investment group active globally in the production and distribution of motorcycles, electric bicycles and components used for various mechanical systems. Palfinger is a global manufacturer of hydraulic lifting and loading devices used in various vehicles and other equipment. FSS is a global asset management company with a diversified portfolio of interests in the production of tools and technical moulded parts, research and development of high-tech systems for the automotive industry and of information and communication technologies, as well as digital signage. The Commission concluded that the proposed acquisition would raise no competition concerns given its limited impact in the European Economic Area and the lack of horizontal overlaps and vertical links between the activities of the companies involved. 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.10185

Wikio OkNotizie Del.icio.us! Google! Facebook! Technorati! Upnews.it

Last news - All topics
  Speech by President von der Leyen at the European Parliament Plenary on the rule of law crisis in Poland and the primacy of EU law
19 October 2021
Courses & Conferences
  Sportsystem Economic Observatory at Villa Zuccareda Binetti Montebelluna -TV
15 October 2021
  Generation 2026 - Sport powered by youth and education
15 October 2021
  President Pozza's speech at the Loyalty to Work and Economic Progress Ceremony
19 October 2021
Et cetera
  Members Day
19 October 2021