European Commission - Daily News
Brussels, 14 December 2015
The European Commission has approved under the EU Merger Regulation the acquisition of sole control over Prinovis Ltd. & Co. KG and Prinovis Ltd. (together "Prinovis"), both of Germany, by Bertelsmann SE & Co. KGaA, also of Germany.
Bertelsmann is an international media company active in television, radio, book publishing, newspapers and magazines, music and communications services. Prinovis provides high-volume illustration printing and related services and is currently jointly controlled by Bertelsmann and Axel Springer SE. The companies' activities overlap in the provision of high-volume illustration services in the European Economic Area (EEA), notably in Germany.
The Commission concluded that the proposed acquisition would raise no competition concerns, in particular because of the moderate combined market positions resulting from the transaction and the presence of several other competitors on the market. The transaction was examined under the simplified merger review procedure.
More information is available on the Commission's competition website, in the public case register under the case number M.7826. (For more information: Ricardo Cardoso – Tel. +32 229 80100; Carolina Luna Gordo – Tel.: +32 229 68386)
Source: Europa.eu (Copyright European Commission)