Federal Cartel Office

News aus der Elektroindustrie

On 20th November we reported on the possible merger of these two electrical wholesale companies.

On 20th November we reported on the possible merger of these two electrical wholesale companies.

Now Federal cartel authority has given its approval on 30.11.2015 so that there is nothing more to get in the way of a cooperation of whatever sort it may be.

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The German Federal Cartel Office announced on 19th November that the two above-named companies have asked.........

The German Federal Cartel Office announced on 19th November that the two above-named companies have asked.........

for approval to found a joint venture. The process will be conducted under the number B7-143/15.

This will now be examined in an ongoing merger control procedure; the authority now has a period of one month to scrutinize the merger (so-called "first phase").

If the merger plan proves itself to be unproblematic, the decision-making department will informally approve the merger before the expiry of the one month time limit.

If on the other hand the decision-making department considers further scrutiny necessary, a formal main examination procedure will be initiated (so-called "second phase") and the time limit for the examination extended.

The two companies which comprise the Mitegro market association are absolute heavyweights in the electrical wholesale trade; Famo has 32 branches and Zander has 58 subsidiaries.

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