Joint Venture Firm to be Incorporated And New H Powertrain Holdings S.L.U

Case number: LM091Sep23
Case parties: Primary Acquiring Firm: Joint Venture Company Yet to be Incorporated
Primary Target Firm: New H Powertrain Holdings S.L.U
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2023-11-24
Sector: Other service activities
Industry: 291 - Powertrain Solutions
Relevant market: Powertrain Solutions
Competition Tribunal Members: Geoff Budlender, Imraan Valodia, Liberty Mncube