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MERGERS: AMO SR initiated the administrative proceedings in the matter of concentration of the Grupo Industrial Saltillo, S.A.B. de C.V., Mexico and the Automotive Components Europe S.A., Luxemburg.

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On the 23. November 2015 the Antimonopoly Office of Slovak Republic initiated the administrative proceedings in the matter of concentration, which according to the notification is grounded in acquisition of direct exclusive control of the company Grupo Industrial Saltillo, S.A.B. de C.V., Mexiko over the company Automotive Components Europe S.A., Luxemburg.

Parties to the concentration act in the automobile sector.

Thir parties, namely natural and legal persons may submit their comments, objections and information on notified concentration to the Office. We ask the third parties to submit their comments to the Office as soon as posiible after the notification is published. This would enable the Office (considering the observance of legal periods) to deal with these comments within the first phase of notified concentration assessment.