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MERGERS: Antimonopoly Office of the Slovak Republic approved the merger of Tianjin Tianhai Investment Company, Ltd. and Ingram Micro Inc.

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On 5 August 2016 the Antimonopoly Office of the Slovak Republic, Division of Concentrations (hereafter “the Office”), approved the merger grounded in the acquisition of exclusive control of the undertaking Tianjin Tianhai Investment Company, Ltd., China over the undertaking Ingram Micro Inc., the USA.
Company Tianjin Tianhai Investment Company, Ltd. primarily provides maritime transport services. Partially it belongs to the HNA Group which is a Chinese conglomerate covering aviation division, real estates, investment and financial services, tourism and shipping, respectively cold chain food logistics and its activities are focused mainly on China and Asia, with some limited activities in the EU.
Company Ingram Micro Inc. is the head of the group, the activities of which are mainly wholesale distribution of technologies and provision of supply chain management. Its activities concern mainly two areas. It operates in the area of distribution of various IT products (e.g. printers, scanners, security systems), IT systems (e.g. stand-alone computer systems, servers), software, network hardware and mobile products (e.g. mobile phones, tablets). In the area of related services it generates the delivery of services related to the above stated distribution of IT products. Mainly the company Ingram Micro Slovakia, s.r.o., seated in Lozorno belonging to this group operates in the territory of the Slovak Republic.
The Office identified neither horizontal nor vertical overlap between the activities of the merging parties in the territory of the Slovak Republic.
After the evaluation of all acquired documentation and information the Office concluded that the assessed merger does not infringe effective competition in the relevant market, mainly as a result of creation or strengthening of dominant position.
Decision came into force on 15 August 2016.