12/05/2011 (Agence Europe) - Speedy/Itochu mergers. On Thursday 12 May, the European Commission approved the acquisition of British Speedy 1 Ltd (a holding company of Kwik-Fit Group Ltd) by the Japanese holding company, Itochu Corporation. Both companies are active in different European countries in the field of automotive repair, spare parts assembly and the wholesale provision of replacement tyres. The Commission maintains that, after the deal takes place, the presence of the two companies...