Commission clears acquisition of Proseat by Brose Sitech
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Proseats foam, trim and lightweight components business (‘Proseat) of Germany by Brose Sitech Sp. z o.o. (‘Brose Sitech) of Poland.
The transaction relates primarily to the car seat and seat components sectors.
The Commission concluded that the notified transaction would not raise competition concerns, given the companies limited market positions resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commissions competition website, in the public case register under the case number M.12057.
(For more information: Arianna Podestà – Tel.: +32 2 298 70 24; Sara Simonini - Tel.: +32 2 298 33 67)
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