Merger Notification - Announcement according to § 10 Cartel Act
Dana Incorporated; der Geschäftsbereich Thermalsysteme für PKW und leichte Nutzfahrzeuge der Modine Manufacturing Company
On 28.12.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
Dana Incorporated, a stock-listed company with business seat in Maumee, Ohio, USA, intends to acquire the automotive thermal management systems business concerning light vehicles of Modine Manufacturing Company with business seat in Racine, Wisconsin, USA, by way of a mixed share- and asset-deal.
Affected industries: Manufacture of motor vehicles
ÖNACE-Code: C 29-32-0 („Herstellung von sonstigen Teilen und sonstigem Zubehör für Kraftwagen“)
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 25.01.2021.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Withdrawal of the Merger Application: The Applicant withdrew the Merger Application on 20.01.2021.