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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
The notified transaction consists of the proposed acquisition of sole control of ThyssenKrupp Metal Forming (“TKMF”) by Gestamp Automoción S.L. (“Gestamp Automoción”).
TKMF is a group of companies active in the manufacture and sale of automotive components mainly in Germany, France, the United Kingdom, Poland, Spain, Turkey and China, and which currently forms part of the ThyssenKrupp group.
Gestamp Automoción is the automotive supply division of the Spanish group headed by Corporación Gestamp, S.L. (“Gestamp”) active worldwide in the steel, automotive components and renewable energy sectors. In total, the group is present in twenty five countries in four continents.