Brussels, 22/03/2011 (Agence Europe) - On Monday 21 March, the European Commission authorised the proposed acquisition of Laxey Logistics, the holding company of the UK-based logistics provider TDG, by the France-based logistics and transport company Norbert Dentressangle. TDG supplies logistics services in seven European countries including the United Kingdom, where the operation will entail horizontal overlaps between the activities of Norbert Dentressangle and TDG. Nonetheless, in the markets for contract logistics, freight forwarding and road freight transport, the combined entity achieves only moderate market shares, the Commission states. Norbert Dentressangle would continue to face competition from a number of major players in narrower markets, such as the British market for contract logistics and that for road freight transport of hazardous goods. The Commission has therefore concluded that the transaction would not raise competition concerns. (F.G./transl.jl)