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| 12 feb 2018 |
20:51 |
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EC clears acquisition of sole control over Kuehne + Nagel Drinksflow Logistics by Kuehne + Nagel
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Kuehne + Nagel Drinkflow Logistics Holdings Limited and its subsidiary, Kuehne + Nagel Drinkflow Logistics Limited (together "K+N Drinksflow Logistics") byKuehne + Nagel Limited ("K+N"), all of the UK. K+N Drinksflow Logistics, which is currently jointly owned and controlled by K+N and Heineken UK Limited, is active in the provision of drinks distribution services in the UK. K+N is a member of the Kuehne + Nagel International AG Group and provides contract logistics services in the UK.
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Its business activities include storage, warehousing and distribution of food, beverages and general goods. The Commission concluded that the proposed acquisition would raise no competition concerns given the limited impact brought about by the transaction on the market structure. The operation was examined under the simplified merger review procedure.
More information will be available on the Commission's competition website, in the public case register under the case number M.8540.
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