AEQH24 GmbH, Germany, carries out specific activities of the holding companies and is part of the AEQUITA group, which owns TMD Friction Romania S.R.L. and Meteor Romania S.R.L. in Romania.
TMD Friction Romania S.R.L. is a company specialized in the manufacture of components for braking systems for motor vehicles for both the independent spare parts market (IAM) and the original equipment market segment (OE).
Meteor Romania S.R.L. manufactures and markets sealing systems (rubber parts and components) for automotive and industrial applications.
NIFCO Germany, Germany, is a company active in the field of injection molding for the automotive industry. In Romania, NIFCO Germany does not own any company, but has sold products for the automotive sector to two Romanian customers, JOYSONQUIN Automotive Systems Romania S.R.L. – manufacturer of steering wheels and dash trims and NBHX ROLEM S.R.L. – manufacturer of dash trims.
Following the analysis, the Competition Council found that this operation does not significantly impede effective competition on the Romanian market or in a substantial part of it and that there are no serious doubts as to its compatibility with a normal competitive environment.