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Belgian Competition Authority approves acquisition in sector of motor vehicles

Christian Fernsby |
The Investigation and Prosecution Service of the Belgian Competition Authority (BCA) has approved the acquisition of ACP Holding NV and subsidiaries, Automotive Leuven NV and certain assets of Schrieks Verhuur Bedrijf BVBA by Van Mossel Automotive Groep 4 NV.

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The merger concerns the sector of motor vehicles.

Van Mossel Automotive Groep 4 NV is a subsidiary of Van Mossel Automotive Group and is active in Belgium in the retail sale of various car brands (Abarth, Alfa Romeo, Citroën, DS, Fiat, Jeep, Kia, Nissan, Opel, Peugeot, Toyota and Mercedes).

The subsidiaries of ACP Holding NV are active in Belgium in retail sales of the brands Citroën, Kia and Peugeot.

Automotive Leuven NV is a distributor of Peugeot vehicles. The certain assets of Schrieks Verhuur Bedrijf BVBA relate to replacement vehicles made available to customers during maintenance and repair work.

In its decision of 24 February 2020, the BCA finds that the conditions for the application of the simplified procedure are met and that the notified merger does not raise any objections.

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