Mergers: Commission clears acquisition of Valeo's Comfort Access Mechanisms business by Japanese auto parts manufacturer U-Shin

EU News 54/2013

6 February 2013
IP/13/97
Brussels

The European Commission has cleared under the Merger Regulation the proposed acquisition of the French company Valeo SA's Comfort Access Mechanisms business ("CAM") by U-Shin Ltd. of Japan. CAM manufactures and distributes products that facilitate vehicle access and prevent unauthorised vehicle use, such as handles or locks. The Commission concluded that the proposed acquisition did not raise competition concerns because it would not significantly alter the market structure.

Source and additional information:
http://europa.eu/rapid/press-release_IP-13-97_en.htm?locale=en

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