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Europe Daily Bulletin No. 12681

19 March 2021
Contents Publication in full By article 21 / 32
ECONOMY - FINANCE - BUSINESS / Competition
Acquisition of Eaton Hydraulics by Danfoss is approved, subject to certain conditions
Brussels, 18/03/2021 (Agence Europe)

On Thursday 18 March, the European Commission approved the proposed acquisition of Eaton’s hydraulic business (Eaton Hydraulics) by Danfoss.

Danfoss (Denmark) and Eaton Hydraulics (Ireland) are both leading global manufacturers of hydraulic components, which are used to manufacture hydraulic systems for various types of machinery.

The Commission was concerned that the transaction, as initially notified, would harm competition due to the combination of the two companies’ hydraulic...

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BEACONS
EU RESPONSE TO COVID-19
SECTORAL POLICIES
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS