Press Release: Mergers: Commission approves acquisition of logistic company Wincanton International by German holding Rhenus

Author (Corporate)
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Series Details IP/11/1599 (22.12.11)
Publication Date 21/12/2011
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The European Commission has approved under the EU Merger Regulation the proposed acquisition of the logistics business of Wincanton International by the German company Rhenus AG, a subsidiary of the Rethmann group.

The Commission concluded the transaction does not raise competition concerns because of the presence of alternative barge container terminals with spare capacities, the specific regulatory regime for terminal services in Germany and the competitive pressure exercised by rail links to the Amsterdam-Rotterdam-Antwerp (ARA) ports.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/1599&format=HTML&aged=0&language=EN&guiLanguage=en
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