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WÜRTH GROUP / IDG01
M.11493
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Disclaimer :
The Competition DG makes the information provided by the notifying parties in section 4 of Short 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 4
Description of the concentration
On 14 May 2024, the Commission received a notification of a proposed concentration pursuant to Article 4(1) of Council Regulation (EC) No. 13/2004 (the “Merger Regulation”), by which W.EG Italia S.r.l. (“W.EG”) acquires sole control of IDG 01 S.p.A. (“IDG01”) within the meaning of Article 3(1) of the Merger Regulation.
The concentration will be implemented through the acquisition by W.EG of 80% of the shares of IDG01.
The business activities of the undertakings concerned are:
(a) W.EG is part of the international acting Würth Group (hereinafter “Würth Group”). The Würth Group is an international wholesaler (main activity) and manufacturing business with its core business being the sale, development and production of assembly and fastening materials.
(b) IDG01 is a wholesale distributor specialized mainly in the sale of electrical products, as well as heating, plumbing, and sanitary products, in Italy.
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