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MERGERS: AMO SR initiated the administrative proceedings in the matter of a merger of the undertaking KYOCERA CORPORATION and the company TT ELEKTRONICS PLC

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On 16 August 2017 the Antimonopoly Office of the Slovak Republic, the Division of Concentrations, (hereafter "the Office") initiated the administrative proceedings in the matter of a merger which according to notification is grounded in the acquisition of indirect exclusive control of the undertaking KYOCERA CORPORATION, Japan over the division of economic group of the company TT ELEKTRONICS PLC, the United Kingdom consisting of the following undertakings:
  • AB Electronic Manufacturing Mexico SA de CV, Mexico,
  • AB Elektronik Sensors (Suzhou) Co Ltd, the People´s Republic of China,
  • TT Electronics Holdings GmbH, Germany,
  • Midland Electronics Deutschland GmbH, Germany,
  • A.B. Mikroelektronik Gesellschaft mit beschränkter Haftung, Austria,
  • TT Electronics Technology Limited, the United Kingdom,
  • TT Electronics Sensing and Control India Private Limited, India,
  • TT Electronics Sensing and Control SRL, Romania,
  • AB Elektronik Ukraine, Ukraine,
  • AB Elektronik GmbH, Germany and
  • AB Elektronik Sachsen GmbH, Germany.
Sector: C 29.31.0 – Manufacture of electrical and electronic equipment 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.