MERGERS: AMO SR initiated the administrative proceedings in the matter of the merger of the undertakings Webasto SE and Webasto Donghee Holdings Co., Ltd.

On 13 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 acquisition of the exclusive control of the undertaking Webasto SE seated at Kraillinger Str. 5, 821 31 Stockdorf, Munich, Germany over the undertaking Webasto Donghee Holdings Co., Ltd., seated at 6 Cheoyongsaneop-ro, Onsan-eup, Ulju-gun, 44993 Ulsan City, South Korea, namely on the basis of a share transfer agreement.
 
Sector:
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.