MERGERS: AMO SR initiated the administrative proceedings in the matter of creating the joint ventures of the undertakings Huf Düsseldorf and Baolong

On 9 November 2018 the Antimonopoly Office of the Slovak Republic, the Division of Concentrations, (hereafter “the Office“) initiated the administrative proceedings in the matter of the merger which, according to the merger notification, is grounded in the creation of a full-function joint venture by the undertakings Huf Electronics Düsseldorf GmbH, Germany and Shanghai Baolong Automotive Corporation, the People´s Republic of China. The joint venture will consist of three legal entities: German company Huf Baolong Electronics Bretten GmbH, Chinese company Baolong Huf Electronics Shanghai Co., Ltd., which will be established in Shanghai and American company Huf Baolong Electronics North America Corp., which will be established in Wisconsin, the USA.
C. 29.32 Manufacture of other parts and accessories for motor vehicles
Third parties, namely natural and legal persons may submit their comments, objections and information on notified mergers to the Office. We request the third parties to submit their comments to the Office as soon as possible following the publishing of notification what may allow the Office to deal with these comments in the first phase of assessment of notified merger with respecting the legal periods.
Last update:30.11.2018