13/01/2015 (Agence Europe) - Merger: MCO-I/MC and MHI. On 12 January, the European Commission authorised the acquisition of joint control over MHI Compressor International Corporation (MCO-I, United States) by the Japanese companies Mitsubishi Heavy Industries, Ltd (MHI) and Mitsubishi Corporation (MC). MCO-I is indirectly controlled by MHI, an international supplier of heavy industrial machinery. MC is involved in global trading activities. MCO-I manages the sales and marketing of compressors, compressor trains and related after-sales services for the MHI group in North America. The Commission, which noted that there was no overlap between the companies' activities, concluded that the proposed acquisition would raise no competition concerns. (EL)