Mutares SE & Co. KGaA is a holding company that acquires small and medium-sized enterprises, as well as parts of groups in transition. In Romania, Mutares’ turnover came from sales to Romanian customers.
Continental Brakes Italy S.p.A. is part of the Automotive sector of the Continental Group, a global supplier in the automotive industry, which develops technologies and services for mobility, intended for both individuals and goods transport.
Continental Brakes Italy S.p.A. operates a production and research & development unit in Italy, focused on the development, manufacturing, and sale of hydraulic drum brakes for the automotive industry.
Following its analysis, the Competition Council found that this transaction does not raise significant obstacles to effective competition on the Romanian market or on a substantial part of it, and that there are no serious doubts regarding its compatibility with a normal competitive environment.
The decision will be published on the website of the national competition authority, after the removal of confidential information.