Fuente: © European Union
http://europa.eu.int

UE:Mergers: Commission approves takeover of construction company Kirchhoff by Strabag

/noticias.info/ The European Commission has approved under the EU Merger Regulation the proposed takeover of Kirchhoff of Germany by the Austrian Strabag Group. Both parties are active on construction markets, including road construction, in Germany and on several building material markets, in particular, the production of asphalt mixes. In view of the parties' low market shares in the construction markets and the moderate market shares on the local building material markets the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

Kirchhoff is active in all fields of construction, in particular road construction, structural engineering, production and processing of raw material for construction including asphalt mixes and broken natural stones. The geographic focus of its activities is south-western Germany (Baden-Württemberg) but it is also active. In other German Länder and has some minor sales in the Czech Republic and Austria.

Strabag provides construction services and building materials worldwide. Although it is one of the larger players in road construction in Germany, its market shares in this relatively fragmented sector are quite limited.

As Kirchhoff is only a relatively small player, the transaction will not bring about any significant changes to the market structure on the German construction or building material markets..

More information on the case will be available at:

http://ec.europa.eu/comm/competition/mergers/cases/index/m103.html#m_5158 notas_de_prensa_archivo