| Author (Corporate) | European Commission: Press and Communication Service |
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| Series Title | Press Release |
| Series Details | IP/04/1170 (4.10.04) |
| Publication Date | 04/10/2004 |
| Content Type | News |
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The European Commission has approved the acquisition of the axle production business ('APB') of the Volvo Group by the American company ArvinMeritor ('ARM'), a global manufacturer of automotive parts, 4 October 2004. The Commission's investigation has shown that the transaction will have no significant impact on competitive conditions in view of the structure of the axle market in Europe. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/1170&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | France, Sweden |