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KCV / BK FS / SMMS

M.11657

KCV / BK FS / SMMS
December 17, 2024
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

Krone Commercial Vehicle SE and Bernard Krone Familienstiftung both incorporated in Germany and ultimately controlled by Mr Bernard Krone (all together including all affiliates "Krone Group") intend to acquire sole control within the meaning of Article 3(1)(b) of the EU Merger Regulation by way of purchase of shares in Schwarzmüller Management & Service GmbH ("SMMS") and shares in Wilhelm Schwarzmüller GmbH & Co. KG Anhänger- und Karosseriefabrik (jointly and together with all affiliates "Schwarzmüller Group").

Krone Group and Schwarzmüller Group are mainly active in the production and sale of street transport equipment, including trailers, semitrailers and fixed body constructions and to lesser extent also in the provision of rental/operating leasing service for street transport equipment as well as the sale of used street transport equipment and the supply of spare parts and the provision of repair services. Both groups mainly operate in Europe.

Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË - Tel. +32 22991111

Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË - Tel. +32 22991111

EUC

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