Press Release: Mergers: Commission approves joint venture between Freudenberg and Trelleborg in anti-vibration systems for automobiles sector

The European Commission has cleared under the EU Merger Regulation the proposed creation of Trelleborg Vibracoustic, a joint venture combining the automotive anti-vibration systems activities of Freudenberg of Germany and Trelleborg of Sweden. The Commission concluded that the proposed transaction would not raise competition concerns, in particular because a number of strong competitors will remain active on the market. As a result, customers will still have sufficient alternative suppliers in all the markets concerned.